InfraCap Equity Income Fund ETF (NYSEARCA:ICAP – Get Free Report) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 5,199 shares, a decline of 87.3% from the September 15th total of 40,860 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 25,196 shares, the days-to-cover ratio is presently 0.2 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 grew its position in InfraCap Equity Income Fund ETF (NYSEARCA:ICAP – Free Report) by 181.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,878 shares of the company’s stock after purchasing an additional 21,850 shares during the period. Janney Montgomery Scott LLC owned approximately 0.97% of InfraCap Equity Income Fund ETF worth $891,000 at the end of the most recent quarter.
InfraCap Equity Income Fund ETF Stock Performance
Shares of NYSEARCA ICAP traded down $0.31 during mid-day trading on Monday, hitting $27.34. The stock had a trading volume of 9,115 shares, compared to its average volume of 28,487. The firm has a market cap of $117.02 million, a PE ratio of 19.06 and a beta of 0.99. The company has a 50 day moving average of $28.47 and a two-hundred day moving average of $28.25. InfraCap Equity Income Fund ETF has a twelve month low of $25.56 and a twelve month high of $29.86.
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.
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