REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Short Interest Update

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 42,255 shares, a growth of 131.1% from the July 30th total of 18,281 shares. Based on an average daily trading volume, of 171,289 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are short sold.

REX FANG & Innovation Equity Premium Income ETF Stock Up 0.3%

NASDAQ FEPI traded up $0.14 during trading hours on Friday, hitting $42.10. 336,647 shares of the company were exchanged, compared to its average volume of 195,163. The stock has a market cap of $694.65 million, a PE ratio of 41.27 and a beta of 1.10. The stock has a 50-day moving average price of $41.59 and a 200 day moving average price of $42.40. REX FANG & Innovation Equity Premium Income ETF has a 52 week low of $37.90 and a 52 week high of $49.68.

REX FANG & Innovation Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 27th. Shareholders of record on Wednesday, August 26th were given a dividend of $0.20 per share. The ex-dividend date was Wednesday, August 26th.

Institutional Trading of REX FANG & Innovation Equity Premium Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Janney Montgomery Scott LLC lifted its holdings in shares of REX FANG & Innovation Equity Premium Income ETF by 43.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 110,645 shares of the company’s stock worth $4,389,000 after buying an additional 33,288 shares during the period. SBI Securities Co. Ltd. increased its position in shares of REX FANG & Innovation Equity Premium Income ETF by 21.9% during the fourth quarter. SBI Securities Co. Ltd. now owns 55,257 shares of the company’s stock worth $2,440,000 after purchasing an additional 9,934 shares in the last quarter. CoreCap Advisors LLC purchased a new stake in REX FANG & Innovation Equity Premium Income ETF in the second quarter valued at about $233,000. Farther Finance Advisors LLC raised its position in shares of REX FANG & Innovation Equity Premium Income ETF by 19.1% in the 4th quarter. Farther Finance Advisors LLC now owns 3,734 shares of the company’s stock valued at $170,000 after purchasing an additional 600 shares during the last quarter. Finally, Arlington Trust Co LLC acquired a new stake in shares of REX FANG & Innovation Equity Premium Income ETF during the second quarter worth $65,000.

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. FEPI was launched on Oct 9, 2023 and is issued by REX.