Infrastructure Capital Bond income ETF (NYSEARCA:BNDS) Sees Significant Decline in Short Interest

Infrastructure Capital Bond income ETF (NYSEARCA:BNDS) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 3,094 shares, a decrease of 51.9% from the July 30th total of 6,429 shares. Based on an average daily volume of 30,337 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s shares are sold short.

Infrastructure Capital Bond income ETF Stock Down 0.1%

Shares of NYSEARCA:BNDS traded down $0.04 during midday trading on Friday, reaching $50.17. The company’s stock had a trading volume of 28,641 shares, compared to its average volume of 24,050. The firm has a market cap of $96.33 million, a price-to-earnings ratio of 10.64 and a beta of 0.31. Infrastructure Capital Bond income ETF has a 1 year low of $49.23 and a 1 year high of $52.01. The business has a 50 day moving average price of $50.45 and a 200 day moving average price of $50.70.

About Infrastructure Capital Bond income ETF

The Infrastructure Capital Bond Income ETF (BNDS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund aims to maximize current income and capital appreciation by actively investing in fixed-income securities, predominantly corporate bonds. Securities may be of any credit quality and maturity from around the globe BNDS was launched on Jan 15, 2025 and is issued by InfraCap.