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

REX Crypto Equity Premium Income ETF (NASDAQ:CEPIGet Free Report) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 26,010 shares, a growth of 174.1% from the April 15th total of 9,490 shares. Based on an average daily volume of 42,382 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.9% of the company’s stock are short sold.

REX Crypto Equity Premium Income ETF Stock Performance

Shares of CEPI stock opened at $33.80 on Friday. REX Crypto Equity Premium Income ETF has a one year low of $26.98 and a one year high of $43.70. The company’s 50-day moving average is $31.49 and its 200 day moving average is $33.72. The company has a market capitalization of $98.36 million, a price-to-earnings ratio of 33.99 and a beta of 1.66.

REX Crypto Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, April 29th. Investors of record on Tuesday, April 28th were given a dividend of $1.1708 per share. This is a positive change from REX Crypto Equity Premium Income ETF’s previous monthly dividend of $1.06. The ex-dividend date of this dividend was Tuesday, April 28th. This represents a c) annualized dividend and a yield of 41.6%.

Institutional Trading of 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. grew its stake in shares of REX Crypto Equity Premium Income ETF (NASDAQ:CEPIFree Report) by 77.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,871 shares of the company’s stock after acquiring an additional 11,686 shares during the quarter. SBI Securities Co. Ltd. owned about 1.01% of REX Crypto Equity Premium Income ETF worth $905,000 as of its most recent SEC filing.

REX Crypto Equity Premium Income ETF Company Profile

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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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