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

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 31,938 shares, an increase of 23.7% from the November 30th total of 25,823 shares. Based on an average daily trading volume, of 14,233 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.2% of the company’s shares are short sold. Approximately 1.2% of the company’s shares are short sold. Based on an average daily trading volume, of 14,233 shares, the days-to-cover ratio is presently 2.2 days.

InfraCap Equity Income Fund ETF Stock Performance

NYSEARCA ICAP opened at $27.78 on Friday. The stock has a market capitalization of $71.67 million, a P/E ratio of 19.06 and a beta of 1.02. InfraCap Equity Income Fund ETF has a 52 week low of $21.25 and a 52 week high of $28.63. The stock has a fifty day moving average of $27.61 and a 200-day moving average of $27.24.

About InfraCap Equity Income Fund ETF

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.