REX AI Equity Premium Income ETF (NASDAQ:AIPI – Get Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 145,276 shares, a drop of 35.5% from the July 15th total of 225,346 shares. Based on an average trading volume of 150,428 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.2% of the company’s shares are sold short.
Institutional Inflows and Outflows
An institutional investor recently raised its position in REX AI Equity Premium Income ETF stock. SBI Securities Co. Ltd. increased its position in REX AI Equity Premium Income ETF (NASDAQ:AIPI – Free Report) by 45.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,519 shares of the company’s stock after purchasing an additional 5,510 shares during the period. SBI Securities Co. Ltd. owned 0.16% of REX AI Equity Premium Income ETF worth $702,000 at the end of the most recent reporting period.
REX AI Equity Premium Income ETF Stock Performance
Shares of AIPI stock traded down $0.40 during trading hours on Wednesday, reaching $36.66. The company had a trading volume of 57,022 shares, compared to its average volume of 168,479. The stock’s fifty day simple moving average is $36.35 and its 200 day simple moving average is $36.31. The company has a market capitalization of $428.92 million, a P/E ratio of 41.65 and a beta of 1.09. REX AI Equity Premium Income ETF has a twelve month low of $32.21 and a twelve month high of $45.08.
REX AI Equity Premium Income ETF Increases Dividend
About REX AI Equity Premium Income ETF
The REX AI Equity Premium Income ETF (AIPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in leading Artificial Intelligence (AI) companies selected from the holdings of the BITA AI Leaders Select 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 AIPI was launched on Jun 4, 2024 and is issued by REX Shares.
Recommended Stories
- Five stocks we like better than REX AI Equity Premium Income ETF
- Okta’s AI Tailwind Could Put This Forgotten Software Stock Back in Play
- Datavault AI Locks Down CyberCatch in $94M Security Rollup
- Quantum Stocks Are Starting to Choose Sides: Should Investors Do the Same?
- AeroVironment Hit a Bottom in Q2—Can It Take Flight in Q3?
Receive News & Ratings for REX AI Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for REX AI Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
