InfraCap Small Cap Income ETF (NYSEARCA:SCAP) Sees Significant Drop in Short Interest

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 516 shares, a drop of 78.5% from the December 15th total of 2,397 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,912 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 1,912 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

InfraCap Small Cap Income ETF Stock Performance

SCAP stock traded down $0.02 during mid-day trading on Tuesday, reaching $37.85. 4,657 shares of the stock traded hands, compared to its average volume of 5,200. InfraCap Small Cap Income ETF has a one year low of $27.50 and a one year high of $38.17. The stock has a market capitalization of $17.03 million, a PE ratio of 14.47 and a beta of 1.15. The business has a 50-day moving average price of $36.11 and a two-hundred day moving average price of $35.31.

About InfraCap Small Cap Income ETF

The InfraCap Small Cap Income ETF (SCAP) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively and primarily invests in a broad and diverse portfolio of small-cap companies globally. Stock selection is based on quantitative, qualitative, and relative valuation factors. SCAP was launched on Dec 11, 2023 and is issued by InfraCap.