InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Short Interest Up 326.0% in June

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 8,583 shares, a growth of 326.0% from the June 15th total of 2,015 shares. Based on an average trading volume of 47,580 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

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

InfraCap Equity Income Fund ETF Trading Up 0.8%

Shares of ICAP stock traded up $0.22 on Tuesday, hitting $28.47. The stock had a trading volume of 7,076 shares, compared to its average volume of 31,234. InfraCap Equity Income Fund ETF has a twelve month low of $25.56 and a twelve month high of $29.32. The company has a fifty day moving average price of $28.40 and a two-hundred day moving average price of $28.17. The firm has a market cap of $115.87 million, a P/E ratio of 19.06 and a beta of 0.99.

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.