InfraCap Small Cap Income ETF (NYSEARCA:SCAP) Sees Significant Decrease in Short Interest

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 1,675 shares, a decrease of 77.6% from the February 12th total of 7,492 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 4,879 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 4,879 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the company’s shares are short sold.

InfraCap Small Cap Income ETF Stock Performance

Shares of NYSEARCA SCAP traded down $0.21 during midday trading on Tuesday, reaching $35.57. The stock had a trading volume of 3,638 shares, compared to its average volume of 4,833. The company’s 50 day moving average price is $37.65 and its 200 day moving average price is $36.26. InfraCap Small Cap Income ETF has a twelve month low of $27.50 and a twelve month high of $39.35. The firm has a market cap of $17.43 million, a price-to-earnings ratio of 14.47 and a beta of 1.15.

InfraCap Small Cap Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a dividend of $0.24 per share. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend was Thursday, February 26th.

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.