InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Short Interest Update

InfraCap Equity Income Fund ETF (NYSEARCA:ICAPGet Free Report) saw a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 3,091 shares, a decline of 85.1% from the February 26th total of 20,721 shares. Based on an average daily volume of 23,928 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 23,928 shares, the days-to-cover ratio is currently 0.1 days.

InfraCap Equity Income Fund ETF Stock Up 0.1%

Shares of ICAP traded up $0.02 during mid-day trading on Tuesday, reaching $26.40. The company’s stock had a trading volume of 10,216 shares, compared to its average volume of 32,472. InfraCap Equity Income Fund ETF has a 1 year low of $21.25 and a 1 year high of $29.32. The company has a market cap of $83.69 million, a price-to-earnings ratio of 19.06 and a beta of 1.02. The business has a fifty day moving average of $28.25 and a 200 day moving average of $27.85.

InfraCap Equity Income Fund ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were given a dividend of $0.24 per share. The ex-dividend date was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 10.9%.

Hedge Funds Weigh In On InfraCap Equity Income Fund ETF

A hedge fund recently bought a new stake in InfraCap Equity Income Fund ETF stock. Janney Montgomery Scott LLC acquired a new stake in shares of InfraCap Equity Income Fund ETF (NYSEARCA:ICAPFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,028 shares of the company’s stock, valued at approximately $334,000. Janney Montgomery Scott LLC owned about 0.38% of InfraCap Equity Income Fund ETF as of its most recent filing with the Securities and Exchange Commission.

InfraCap Equity Income Fund ETF Company Profile

(Get Free Report)

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.

Further Reading

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