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

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 11,849 shares, a drop of 65.7% from the July 15th total of 34,495 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 24,369 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in InfraCap Equity Income Fund ETF stock. Janney Montgomery Scott LLC purchased a new position in shares of InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 12,028 shares of the company’s stock, valued at approximately $334,000. Janney Montgomery Scott LLC owned approximately 0.38% of InfraCap Equity Income Fund ETF at the end of the most recent reporting period.

InfraCap Equity Income Fund ETF Stock Up 0.0%

Shares of InfraCap Equity Income Fund ETF stock traded up $0.01 on Friday, hitting $29.68. 16,388 shares of the company traded hands, compared to its average volume of 30,697. InfraCap Equity Income Fund ETF has a 12-month low of $25.56 and a 12-month high of $29.86. The company has a market cap of $124.06 million, a PE ratio of 19.06 and a beta of 0.99. The company has a 50-day moving average price of $28.54 and a 200 day moving average price of $28.20.

About InfraCap Equity Income Fund ETF

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.