REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 42,255 shares, a growth of 131.1% from the July 30th total of 18,281 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 171,289 shares, the short-interest ratio is currently 0.2 days.
REX FANG & Innovation Equity Premium Income ETF Trading Up 0.3%
FEPI traded up $0.14 during midday trading on Friday, hitting $42.10. 336,647 shares of the company were exchanged, compared to its average volume of 195,163. The firm has a market capitalization of $694.65 million, a price-to-earnings ratio of 41.27 and a beta of 1.10. REX FANG & Innovation Equity Premium Income ETF has a 1-year low of $37.90 and a 1-year high of $49.68. The company’s 50 day simple moving average is $41.59 and its 200 day simple moving average is $42.40.
REX FANG & Innovation Equity Premium Income ETF Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, August 27th. Stockholders of record on Wednesday, August 26th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, August 26th.
Institutional Inflows and Outflows
About REX FANG & Innovation Equity Premium Income ETF
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.
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