REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Short Interest Up 36.2% in March

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 30,500 shares, a growth of 36.2% from the March 15th total of 22,400 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 183,100 shares, the short-interest ratio is presently 0.2 days.

REX FANG & Innovation Equity Premium Income ETF Price Performance

NASDAQ FEPI traded down $0.07 during midday trading on Friday, hitting $39.14. 68,136 shares of the company traded hands, compared to its average volume of 164,722. REX FANG & Innovation Equity Premium Income ETF has a 52 week low of $35.44 and a 52 week high of $56.44. The company’s 50-day simple moving average is $43.46 and its 200-day simple moving average is $48.35. The company has a market cap of $400.40 million, a PE ratio of 33.49 and a beta of 1.06.

REX FANG & Innovation Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were given a dividend of $0.9437 per share. The ex-dividend date was Wednesday, March 26th.

Hedge Funds Weigh In On REX FANG & Innovation Equity Premium Income ETF

A hedge fund recently raised its stake in REX FANG & Innovation Equity Premium Income ETF stock. Farther Finance Advisors LLC lifted its position in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) by 42.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,966 shares of the company’s stock after buying an additional 1,789 shares during the period. Farther Finance Advisors LLC owned approximately 0.06% of REX FANG & Innovation Equity Premium Income ETF worth $296,000 as of its most recent SEC filing.

REX FANG & Innovation Equity Premium Income ETF Company Profile

The REX FANG & Innovation Equity Premium Income ETF (FEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking to provide similar returns as the Solactive FANG Innovation Index and monthly income. The fund invests in the securities comprising the index while writing call options on them.