Infrastructure Capital Bond income ETF (NYSEARCA:BNDS) Sees Significant Decline in Short Interest

Infrastructure Capital Bond income ETF (NYSEARCA:BNDS) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 3,094 shares, a drop of 51.9% from the July 30th total of 6,429 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 30,337 shares, the short-interest ratio is currently 0.1 days.

Infrastructure Capital Bond income ETF Stock Performance

Shares of NYSEARCA BNDS traded down $0.04 during midday trading on Friday, reaching $50.17. 28,641 shares of the company’s stock were exchanged, compared to its average volume of 24,050. Infrastructure Capital Bond income ETF has a 52-week low of $49.23 and a 52-week high of $52.01. The stock has a market capitalization of $96.33 million, a PE ratio of 10.64 and a beta of 0.31. The business’s fifty day moving average price is $50.45 and its two-hundred day moving average price is $50.70.

Infrastructure Capital Bond income ETF Company Profile

The Infrastructure Capital Bond Income ETF (BNDS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund aims to maximize current income and capital appreciation by actively investing in fixed-income securities, predominantly corporate bonds. Securities may be of any credit quality and maturity from around the globe BNDS was launched on Jan 15, 2025 and is issued by InfraCap.