InfraCap Small Cap Income ETF (NYSEARCA:SCAP) Sees Large Decline in Short Interest

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 226 shares, a decline of 86.5% from the February 26th total of 1,675 shares. Based on an average daily volume of 4,281 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 4,281 shares, the days-to-cover ratio is currently 0.1 days.

InfraCap Small Cap Income ETF Price Performance

NYSEARCA SCAP traded up $0.23 on Wednesday, reaching $35.05. The company had a trading volume of 1,560 shares, compared to its average volume of 4,352. The firm has a market cap of $17.17 million, a price-to-earnings ratio of 14.47 and a beta of 1.15. InfraCap Small Cap Income ETF has a fifty-two week low of $27.50 and a fifty-two week high of $39.35. The business has a 50 day moving average of $37.17 and a two-hundred day moving average of $36.22.

InfraCap Small Cap Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given a dividend of $0.24 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date was Thursday, February 26th.

About InfraCap Small Cap Income ETF

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.