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

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 7,492 shares, a growth of 1,572.3% from the January 29th total of 448 shares. Based on an average trading volume of 4,735 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.5% of the shares of the company are sold short. Currently, 1.5% of the shares of the company are sold short. Based on an average trading volume of 4,735 shares, the days-to-cover ratio is presently 1.6 days.

InfraCap Small Cap Income ETF Price Performance

Shares of NYSEARCA:SCAP traded up $0.02 during trading on Wednesday, hitting $37.98. 2,706 shares of the company were exchanged, compared to its average volume of 4,906. InfraCap Small Cap Income ETF has a 52-week low of $27.50 and a 52-week high of $39.35. The stock has a 50 day moving average of $37.63 and a 200 day moving average of $36.10. The company has a market cap of $18.61 million, a PE ratio of 14.47 and a beta of 1.15.

InfraCap Small Cap Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were paid a $0.24 dividend. The ex-dividend date was Thursday, January 29th. This represents a c) annualized dividend and a yield of 7.6%.

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.