Short Interest in InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Increases By 23.7%

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 31,938 shares, an increase of 23.7% from the November 30th total of 25,823 shares. Based on an average daily volume of 14,233 shares, the short-interest ratio is presently 2.2 days. Approximately 1.2% of the shares of the stock are sold short. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily volume of 14,233 shares, the short-interest ratio is presently 2.2 days.

InfraCap Equity Income Fund ETF Price Performance

Shares of ICAP stock traded down $0.23 on Thursday, hitting $27.78. 29,161 shares of the company’s stock were exchanged, compared to its average volume of 11,008. The company has a 50 day moving average of $27.60 and a 200 day moving average of $27.23. The stock has a market cap of $71.67 million, a P/E ratio of 19.06 and a beta of 1.02. InfraCap Equity Income Fund ETF has a 12 month low of $21.25 and a 12 month high of $28.63.

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.