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

InfraCap Small Cap Income ETF (NYSEARCA:SCAP – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 1,017 shares, a decrease of 35.9% from the August 31st total of 1,586 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 2,730 shares, the short-interest ratio is currently 0.4 days.

InfraCap Small Cap Income ETF Stock Down 0.6%

NYSEARCA:SCAP opened at $35.72 on Thursday. The stock has a market cap of $17.86 million, a price-to-earnings ratio of 14.47 and a beta of 0.97. The company’s 50 day moving average price is $38.21 and its 200-day moving average price is $37.76. InfraCap Small Cap Income ETF has a 52 week low of $33.53 and a 52 week high of $40.24.

About InfraCap Small Cap Income ETF

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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.

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