Short Interest in InfraCap Small Cap Income ETF (NYSEARCA:SCAP) Drops By 78.5%

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 516 shares, a decline of 78.5% from the December 15th total of 2,397 shares. Based on an average daily trading volume, of 1,912 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,912 shares, the days-to-cover ratio is currently 0.3 days.

InfraCap Small Cap Income ETF Price Performance

NYSEARCA SCAP traded up $0.56 during trading on Thursday, hitting $38.44. The company’s stock had a trading volume of 5,520 shares, compared to its average volume of 5,992. InfraCap Small Cap Income ETF has a fifty-two week low of $27.50 and a fifty-two week high of $38.59. The company has a market cap of $17.68 million, a PE ratio of 14.47 and a beta of 1.15. The business’s 50 day simple moving average is $36.25 and its 200-day simple moving average is $35.35.

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.