REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Sees Significant Growth in Short Interest

REX Crypto Equity Premium Income ETF (NASDAQ:CEPIGet Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 13,232 shares, an increase of 68.0% from the July 15th total of 7,878 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 42,278 shares, the days-to-cover ratio is currently 0.3 days.

REX Crypto Equity Premium Income ETF Stock Performance

CEPI stock traded down $0.97 during trading on Tuesday, reaching $30.98. The company had a trading volume of 45,758 shares, compared to its average volume of 43,296. The company has a market cap of $110.60 million, a price-to-earnings ratio of 33.99 and a beta of 1.71. REX Crypto Equity Premium Income ETF has a twelve month low of $26.98 and a twelve month high of $43.70. The firm has a 50-day simple moving average of $32.62 and a 200-day simple moving average of $32.31.

REX Crypto Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 13th. Stockholders of record on Wednesday, August 12th were issued a dividend of $0.2493 per share. The ex-dividend date of this dividend was Wednesday, August 12th.

Hedge Funds Weigh In On REX Crypto Equity Premium Income ETF

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

About REX Crypto Equity Premium Income ETF

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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.

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