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

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 448 shares, a drop of 47.7% from the January 15th total of 856 shares. Based on an average daily volume of 3,683 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 3,683 shares, the short-interest ratio is presently 0.1 days.

InfraCap Small Cap Income ETF Stock Up 1.1%

SCAP traded up $0.43 during trading hours on Friday, hitting $38.28. 10,270 shares of the company’s stock were exchanged, compared to its average volume of 4,769. The stock has a market cap of $18.76 million, a price-to-earnings ratio of 14.47 and a beta of 1.15. The stock’s 50-day moving average is $37.39 and its two-hundred day moving average is $35.86. InfraCap Small Cap Income ETF has a 1-year low of $27.50 and a 1-year high of $39.35.

InfraCap Small Cap Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, January 29th. This represents a c) annualized dividend and a yield of 7.5%.

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.