InfraCap Small Cap Income ETF (NYSEARCA:SCAP) Stock Short Interest Drops 35.9%

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,017 shares, a drop of 35.9% from the August 31st total of 1,586 shares. Based on an average daily volume of 2,730 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are sold short.

InfraCap Small Cap Income ETF Price Performance

InfraCap Small Cap Income ETF stock traded up $0.74 during trading on Friday, reaching $36.46. 321 shares of the company were exchanged, compared to its average volume of 2,846. The stock’s 50 day simple moving average is $38.16 and its two-hundred day simple moving average is $37.77. The company has a market capitalization of $18.23 million, a P/E ratio of 14.47 and a beta of 1.00. InfraCap Small Cap Income ETF has a 52-week low of $33.53 and a 52-week 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.