InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Short Interest Up 23.7% in December

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) was the recipient of a significant increase in short interest in 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. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 14,233 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily volume of 14,233 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.2% of the company’s shares are short sold.

InfraCap Equity Income Fund ETF Stock Performance

InfraCap Equity Income Fund ETF stock traded down $0.19 during trading hours on Wednesday, reaching $27.82. 22,545 shares of the company’s stock traded hands, compared to its average volume of 10,975. InfraCap Equity Income Fund ETF has a fifty-two week low of $21.25 and a fifty-two week high of $28.63. The firm has a market capitalization of $71.79 million, a price-to-earnings ratio of 19.06 and a beta of 1.02. The firm’s 50 day moving average is $27.59 and its 200-day moving average is $27.23.

InfraCap Equity Income Fund ETF Company Profile

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.