InfraCap Small Cap Income ETF (NYSEARCA:SCAP) Short Interest Down 32.8% in August

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 1,192 shares, a decrease of 32.8% from the July 30th total of 1,774 shares. Based on an average daily trading volume, of 1,354 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the shares of the stock are sold short.

InfraCap Small Cap Income ETF Stock Performance

Shares of InfraCap Small Cap Income ETF stock traded down $0.58 during trading hours on Tuesday, hitting $37.72. The company’s stock had a trading volume of 1,018 shares, compared to its average volume of 2,911. The business has a 50 day moving average price of $38.71 and a two-hundred day moving average price of $37.75. InfraCap Small Cap Income ETF has a 12-month low of $33.53 and a 12-month high of $40.24. The company has a market cap of $19.61 million, a PE ratio of 14.47 and a beta of 0.97.

InfraCap Small Cap Income ETF Company Profile

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.