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

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 1,192 shares, a decline of 32.8% from the July 30th total of 1,774 shares. Based on an average daily volume of 1,354 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the company’s shares are sold short.

InfraCap Small Cap Income ETF Stock Down 1.5%

Shares of NYSEARCA:SCAP opened at $37.72 on Wednesday. The company’s fifty day moving average is $38.69 and its two-hundred day moving average is $37.74. The company has a market cap of $19.61 million, a P/E ratio of 14.47 and a beta of 0.97. InfraCap Small Cap Income ETF has a 12-month low of $33.53 and a 12-month high of $40.24.

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.