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

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 448 shares, a drop of 47.7% from the January 15th total of 856 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 3,683 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 3,683 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

InfraCap Small Cap Income ETF Price Performance

SCAP traded down $0.76 on Thursday, reaching $37.87. 1,518 shares of the stock were exchanged, compared to its average volume of 4,525. The company’s 50-day moving average price is $37.32 and its 200 day moving average price is $35.82. The firm has a market capitalization of $18.56 million, a PE 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.

InfraCap Small Cap Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, January 29th. This represents a c) dividend on an annualized basis and a yield of 7.6%.

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.