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

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 40,860 shares, an increase of 208.4% from the August 31st total of 13,249 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily volume of 18,728 shares, the days-to-cover ratio is presently 2.2 days.

Institutional Trading of InfraCap Equity Income Fund ETF

An institutional investor recently raised its position in InfraCap Equity Income Fund ETF stock. Janney Montgomery Scott LLC increased its position in shares of InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) by 181.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,878 shares of the company’s stock after acquiring an additional 21,850 shares during the period. Janney Montgomery Scott LLC owned about 0.97% of InfraCap Equity Income Fund ETF worth $891,000 as of its most recent filing with the Securities and Exchange Commission.

InfraCap Equity Income Fund ETF Trading Down 0.5%

InfraCap Equity Income Fund ETF stock traded down $0.13 during trading hours on Friday, reaching $27.95. 9,873 shares of the stock were exchanged, compared to its average volume of 29,074. The company has a market cap of $119.63 million, a P/E ratio of 19.06 and a beta of 0.99. InfraCap Equity Income Fund ETF has a twelve month low of $25.56 and a twelve month high of $29.86. The stock has a 50 day moving average of $28.62 and a two-hundred day moving average of $28.19.

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.