InfraCap Small Cap Income ETF (NYSEARCA:SCAP) Short Interest Down 78.5% in December

InfraCap Small Cap Income ETF (NYSEARCA:SCAP) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 516 shares, a decline of 78.5% from the December 15th total of 2,397 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,912 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 1,912 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

InfraCap Small Cap Income ETF Price Performance

NYSEARCA SCAP traded up $0.57 during trading hours on Thursday, hitting $38.45. 5,520 shares of the company’s stock traded hands, compared to its average volume of 5,992. The company has a market capitalization of $17.69 million, a PE ratio of 14.47 and a beta of 1.15. InfraCap Small Cap Income ETF has a 52-week low of $27.50 and a 52-week high of $38.59. The firm’s 50-day moving average is $36.25 and its 200-day moving average is $35.35.

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.