REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Short Interest Up 174.1% in April

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 26,010 shares, a growth of 174.1% from the April 15th total of 9,490 shares. Based on an average daily trading volume, of 42,382 shares, the short-interest ratio is presently 0.6 days. Currently, 0.9% of the shares of the company are sold short.

REX Crypto Equity Premium Income ETF Stock Performance

NASDAQ CEPI traded down $0.87 during mid-day trading on Friday, reaching $33.80. 49,141 shares of the stock were exchanged, compared to its average volume of 38,509. The business’s 50 day moving average is $31.49 and its 200-day moving average is $33.72. REX Crypto Equity Premium Income ETF has a 1 year low of $26.98 and a 1 year high of $43.70. The company has a market capitalization of $98.36 million, a P/E ratio of 33.99 and a beta of 1.66.

REX Crypto Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, April 29th. Investors of record on Tuesday, April 28th were issued a dividend of $1.1708 per share. This represents a c) dividend on an annualized basis and a yield of 41.6%. This is a boost from REX Crypto Equity Premium Income ETF’s previous monthly dividend of $1.06. The ex-dividend date of this dividend was Tuesday, April 28th.

Institutional Trading of REX Crypto Equity Premium Income ETF

A hedge fund recently raised its stake in REX Crypto Equity Premium Income ETF stock. SBI Securities Co. Ltd. raised its stake in shares of REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) by 77.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,871 shares of the company’s stock after purchasing an additional 11,686 shares during the period. SBI Securities Co. Ltd. owned 1.01% of REX Crypto Equity Premium Income ETF worth $905,000 at the end of the most recent quarter.

About REX Crypto Equity Premium Income ETF

The REX Crypto Equity Premium Income ETF (CEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in crypto-related and digital payment solutions stocks selected from the index. The fund seeks to generate income by writing covered call options on its holdings, aiming for capital growth and current income, while maintaining the flexibility to adapt based on market conditions. CEPI was launched on Dec 4, 2024 and is issued by REX Shares.