InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Stock Short Interest Report for October

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 8,634 shares, a growth of 66.1% from the September 30th total of 5,199 shares. Based on an average trading volume of 16,144 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

InfraCap Equity Income Fund ETF Stock Down 1.7%

NYSEARCA ICAP opened at $25.49 on Tuesday. InfraCap Equity Income Fund ETF has a 52 week low of $25.49 and a 52 week high of $29.86. The business has a 50 day moving average price of $27.69 and a 200-day moving average price of $28.12. The company has a market cap of $109.10 million, a price-to-earnings ratio of 19.06 and a beta of 0.99.

Institutional Trading of InfraCap Equity Income Fund ETF

An institutional investor recently raised its position in InfraCap Equity Income Fund ETF stock. Janney Montgomery Scott LLC raised its stake in shares of InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) by 181.7% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 33,878 shares of the company’s stock after purchasing an additional 21,850 shares during the period. Janney Montgomery Scott LLC owned approximately 0.97% of InfraCap Equity Income Fund ETF worth $891,000 as of its most recent SEC filing.

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.