REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Stock Short Interest Climbs 53.8%

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 3,072 shares, an increase of 53.8% from the August 31st total of 1,997 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 55,033 shares, the short-interest ratio is currently 0.1 days.

REX IncomeMax Option Strategy ETF Trading Up 0.9%

Shares of ULTI stock opened at $6.63 on Friday. REX IncomeMax Option Strategy ETF has a 1 year low of $6.00 and a 1 year high of $26.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.02 and a quick ratio of 1.02. The stock’s 50 day simple moving average is $7.06 and its two-hundred day simple moving average is $10.59. The company has a market cap of $18.90 million, a PE ratio of 3.20, a price-to-earnings-growth ratio of 6.51 and a beta of 5.18.

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REX IncomeMax Option Strategy ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 2nd. Investors of record on Thursday, October 1st were issued a dividend of $0.0850 per share. This represents a yield of 6,728.0%. The ex-dividend date was Thursday, October 1st. This is a drop from REX IncomeMax Option Strategy ETF’s previous dividend of $0.09. REX IncomeMax Option Strategy ETF’s payout ratio is currently 405.31%.

Institutional Trading of REX IncomeMax Option Strategy ETF

An institutional investor recently bought a new position in REX IncomeMax Option Strategy ETF stock. Apollon Wealth Management LLC acquired a new stake in shares of REX IncomeMax Option Strategy ETF (NASDAQ:ULTI – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 35,250 shares of the technology company’s stock, valued at approximately $431,000. Apollon Wealth Management LLC owned about 2.23% of REX IncomeMax Option Strategy ETF as of its most recent SEC filing. 91.20% of the stock is owned by hedge funds and other institutional investors.

REX IncomeMax Option Strategy ETF Company Profile

(Get Free Report)

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.

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