ATAC Credit Rotation ETF (NYSEARCA:JOJO) Short Interest Update

ATAC Credit Rotation ETF (NYSEARCA:JOJO) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 14,115 shares, a growth of 257.1% from the June 30th total of 3,953 shares. Currently, 4.0% of the shares of the stock are short sold. Based on an average daily volume of 16,083 shares, the days-to-cover ratio is currently 0.9 days.

ATAC Credit Rotation ETF Stock Up 1.0%

JOJO stock traded up $0.15 during midday trading on Tuesday, hitting $15.31. The company’s stock had a trading volume of 309 shares, compared to its average volume of 5,168. ATAC Credit Rotation ETF has a 12 month low of $15.12 and a 12 month high of $16.24. The firm has a market capitalization of $4.90 million, a price-to-earnings ratio of 16.64 and a beta of 0.49. The company has a 50 day moving average of $15.47 and a two-hundred day moving average of $15.63.

About ATAC Credit Rotation ETF

The ATAC Credit Rotation ETF (JOJO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that toggles between corporate high-yield bonds and US Treasurys, depending on the utilities sectors performance relative to the US large-cap market. JOJO was launched on Jul 15, 2021 and is managed by ATAC.