REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Shares Shorted: Short Interest Down 93.6% in October

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 4,251 shares, a drop of 93.6% from the October 15th total of 66,778 shares. Based on an average trading volume of 159,419 shares, the short-interest ratio is currently 0.0 days. Approximately 0.3% of the shares of the company are sold short.

REX IncomeMax Option Strategy ETF Stock Performance

Shares of REX IncomeMax Option Strategy ETF stock opened at $5.22 on Thursday. REX IncomeMax Option Strategy ETF has a 52-week low of $4.93 and a 52-week high of $25.51. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.01. The company’s 50-day simple moving average is $6.05 and its 200-day simple moving average is $10.38. The firm has a market cap of $8.87 million, a price-to-earnings ratio of 2.52, a price-to-earnings-growth ratio of 6.51 and a beta of 2.38.

REX IncomeMax Option Strategy ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 23rd. Shareholders of record on Thursday, October 22nd were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, October 22nd. This represents a yield of 7,894.0%. This is a boost from REX IncomeMax Option Strategy ETF’s previous dividend of $0.07. REX IncomeMax Option Strategy ETF’s dividend payout ratio is presently 420.77%.

About REX IncomeMax Option Strategy ETF

The Ultimate Software Group, Inc. provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.