REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Short Interest Up 1,300.9% in August

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 33,356 shares, a growth of 1,300.9% from the August 15th total of 2,381 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 42,665 shares, the days-to-cover ratio is currently 0.8 days.

REX Crypto Equity Premium Income ETF Stock Up 1.1%

NASDAQ CEPI traded up $0.35 during trading hours on Friday, reaching $31.63. 42,668 shares of the company were exchanged, compared to its average volume of 43,363. REX Crypto Equity Premium Income ETF has a 1 year low of $26.98 and a 1 year high of $43.70. The business’s 50 day simple moving average is $31.62 and its 200-day simple moving average is $32.20. The stock has a market capitalization of $112.92 million, a P/E ratio of 33.99 and a beta of 1.72.

REX Crypto Equity Premium Income ETF Cuts Dividend

The business also recently announced a weekly dividend, which was paid on Thursday, August 27th. Stockholders of record on Wednesday, August 26th were given a dividend of $0.2522 per share. This represents a dividend yield of 4,176.0%. The ex-dividend date of this dividend was Wednesday, August 26th.

REX Crypto Equity Premium Income ETF Company Profile

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.