Short Interest in ATAC Credit Rotation ETF (NYSEARCA:JOJO) Drops By 99.7%

ATAC Credit Rotation ETF (NYSEARCA:JOJO) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 38 shares, a decrease of 99.7% from the July 15th total of 14,115 shares. Based on an average daily trading volume, of 6,252 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

ATAC Credit Rotation ETF Trading Up 0.1%

JOJO traded up $0.02 during mid-day trading on Wednesday, hitting $15.04. 1,306 shares of the stock were exchanged, compared to its average volume of 5,109. The firm’s fifty day moving average is $15.35 and its two-hundred day moving average is $15.59. The company has a market cap of $5.26 million, a PE ratio of 16.64 and a beta of 0.49. ATAC Credit Rotation ETF has a 1-year low of $14.95 and a 1-year high of $16.24.

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.