InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Short Interest Update

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 14,248 shares, a decrease of 66.0% from the January 29th total of 41,880 shares. Based on an average daily volume of 32,429 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 32,429 shares, the days-to-cover ratio is presently 0.4 days.

InfraCap Equity Income Fund ETF Stock Down 1.4%

NYSEARCA ICAP traded down $0.41 during trading on Friday, hitting $28.06. The company’s stock had a trading volume of 38,692 shares, compared to its average volume of 37,202. The firm has a 50 day moving average price of $28.62 and a 200 day moving average price of $27.86. The firm has a market cap of $88.95 million, a P/E ratio of 19.06 and a beta of 1.02. InfraCap Equity Income Fund ETF has a 52 week low of $21.25 and a 52 week high of $29.32.

InfraCap Equity Income Fund ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a $0.24 dividend. The ex-dividend date was Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 10.3%.

Hedge Funds Weigh In On InfraCap Equity Income Fund ETF

An institutional investor recently bought a new stake in InfraCap Equity Income Fund ETF stock. Janney Montgomery Scott LLC purchased a new position in InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 12,028 shares of the company’s stock, valued at approximately $334,000. Janney Montgomery Scott LLC owned about 0.38% of InfraCap Equity Income Fund ETF at the end of the most recent reporting period.

InfraCap Equity Income Fund ETF Company Profile

The InfraCap Equity Income Fund ETF (ICAP) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to global stocks that pay dividends during normal market conditions. The fund seeks to maximize income and pursue total return. ICAP was launched on Dec 29, 2021 and is managed by InfraCap.