REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Stock Short Interest Report for September

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 103,855 shares, an increase of 127.3% from the September 15th total of 45,691 shares. Based on an average trading volume of 198,695 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On REX FANG & Innovation Equity Premium Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Arlington Trust Co LLC acquired a new stake in shares of REX FANG & Innovation Equity Premium Income ETF in the second quarter valued at approximately $65,000. CoreCap Advisors LLC purchased a new position in REX FANG & Innovation Equity Premium Income ETF during the second quarter worth approximately $233,000. Finally, Janney Montgomery Scott LLC boosted its stake in REX FANG & Innovation Equity Premium Income ETF by 43.0% during the first 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 last quarter.

REX FANG & Innovation Equity Premium Income ETF Trading Down 0.7%

FEPI stock opened at $43.22 on Tuesday. The firm has a 50-day moving average of $42.40 and a two-hundred day moving average of $42.58. REX FANG & Innovation Equity Premium Income ETF has a 12 month low of $37.90 and a 12 month high of $49.68. The company has a market cap of $732.58 million, a price-to-earnings ratio of 41.27 and a beta of 1.09.

REX FANG & Innovation Equity Premium Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, October 7th were given a $0.2105 dividend. This represents a dividend yield of 2,512.0%. This is a boost from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.2074. The ex-dividend date was Wednesday, October 7th.

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.