InfraCap Equity Income Fund ETF (NYSEARCA:ICAP – Get Free Report) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 8,583 shares, an increase of 326.0% from the June 15th total of 2,015 shares. Based on an average trading volume of 47,580 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company’s shares are short sold.
InfraCap Equity Income Fund ETF Price Performance
Shares of InfraCap Equity Income Fund ETF stock traded up $0.17 during trading on Friday, hitting $28.44. The stock had a trading volume of 16,074 shares, compared to its average volume of 31,498. InfraCap Equity Income Fund ETF has a 12 month low of $25.56 and a 12 month high of $29.32. The firm’s fifty day simple moving average is $28.40 and its 200-day simple moving average is $28.17. The stock has a market cap of $115.75 million, a PE ratio of 19.06 and a beta of 0.99.
Institutional Trading of InfraCap Equity Income Fund ETF
A hedge fund recently bought a new position in InfraCap Equity Income Fund ETF stock. Janney Montgomery Scott LLC bought a new stake in shares of InfraCap Equity Income Fund ETF (NYSEARCA:ICAP – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,028 shares of the company’s stock, valued at approximately $334,000. Janney Montgomery Scott LLC owned about 0.38% of InfraCap Equity Income Fund ETF as of its most recent filing with the Securities & Exchange Commission.
About InfraCap Equity Income Fund ETF
The InfraCap Equity Income Fund ETF (ICAP) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to global stocks that pay dividends during normal market conditions. The fund seeks to maximize income and pursue total return. ICAP was launched on Dec 29, 2021 and is managed by InfraCap.
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