ATAC Credit Rotation ETF (NYSEARCA:JOJO) Short Interest Down 94.2% in December
by Amy Steele · The Cerbat GemATAC Credit Rotation ETF (NYSEARCA:JOJO – Get Free Report) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 141 shares, a drop of 94.2% from the November 30th total of 2,422 shares. Based on an average daily trading volume, of 3,768 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,768 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Trading of ATAC Credit Rotation ETF
An institutional investor recently bought a new position in ATAC Credit Rotation ETF stock. Root Financial Partners LLC purchased a new stake in ATAC Credit Rotation ETF (NYSEARCA:JOJO – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,300 shares of the company’s stock, valued at approximately $35,000. Root Financial Partners LLC owned about 0.53% of ATAC Credit Rotation ETF at the end of the most recent reporting period.
ATAC Credit Rotation ETF Trading Up 0.1%
Shares of NYSEARCA:JOJO traded up $0.02 during midday trading on Wednesday, hitting $15.61. 124 shares of the stock were exchanged, compared to its average volume of 11,561. ATAC Credit Rotation ETF has a twelve month low of $14.27 and a twelve month high of $15.87. The company has a 50 day moving average price of $15.59 and a 200-day moving average price of $15.37. The stock has a market cap of $6.71 million, a P/E ratio of 16.64 and a beta of 0.53.
ATAC Credit Rotation ETF Company Profile
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.