SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) Sees Large Decline in Short Interest

SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 22 shares, a drop of 99.4% from the July 30th total of 3,692 shares. Based on an average daily volume of 1,193 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

SanJac Alpha Core Plus Bond ETF Price Performance

SJCP traded up $0.02 during mid-day trading on Tuesday, reaching $25.19. 3,588 shares of the company traded hands, compared to its average volume of 1,700. The company’s fifty day moving average price is $25.03 and its 200-day moving average price is $25.12. SanJac Alpha Core Plus Bond ETF has a 52-week low of $24.68 and a 52-week high of $25.51.

SanJac Alpha Core Plus Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 17th. Stockholders of record on Tuesday, June 16th were paid a $0.1733 dividend. The ex-dividend date was Tuesday, June 16th.

About SanJac Alpha Core Plus Bond ETF

The SanJac Alpha Core Plus Bond ETF (SJCP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, aiming to provide current income and optimize total returns, maintain limited volatility, and preserve capital by investing in investment-grade debt instruments of varying maturities. SJCP was launched on Sep 10, 2024 and is issued by SanJac Alpha.