InfraCap Small Cap Income ETF (NYSEARCA:SCAP) Sees Large Growth in Short Interest

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) saw a significant growth in short interest in March. As of March 31st, there was short interest totaling 667 shares, a growth of 195.1% from the March 15th total of 226 shares. Based on an average daily volume of 2,277 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

InfraCap Small Cap Income ETF Stock Down 0.8%

NYSEARCA:SCAP traded down $0.31 during trading hours on Friday, reaching $36.18. 1,847 shares of the stock were exchanged, compared to its average volume of 4,152. The business has a 50-day moving average of $36.47 and a two-hundred day moving average of $36.16. InfraCap Small Cap Income ETF has a twelve month low of $28.28 and a twelve month high of $39.35. The company has a market capitalization of $18.81 million, a price-to-earnings ratio of 14.47 and a beta of 1.06.

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.