Short Interest in InfraCap Small Cap Income ETF (NYSEARCA:SCAP) Grows By 65.9%

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 856 shares, a growth of 65.9% from the December 31st total of 516 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 6,033 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 6,033 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

InfraCap Small Cap Income ETF Stock Performance

Shares of NYSEARCA SCAP traded down $0.53 during mid-day trading on Friday, hitting $36.97. 4,278 shares of the stock traded hands, compared to its average volume of 4,814. The stock has a fifty day moving average price of $36.94 and a 200-day moving average price of $35.63. The company has a market cap of $17.75 million, a price-to-earnings ratio of 14.47 and a beta of 1.15. InfraCap Small Cap Income ETF has a 52 week low of $27.50 and a 52 week high of $39.35.

InfraCap Small Cap Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were paid a dividend of $0.24 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date was Thursday, January 29th.

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.