REX AI Equity Premium Income ETF (NASDAQ:AIPI) Short Interest Down 62.8% in May

REX AI Equity Premium Income ETF (NASDAQ:AIPI – Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 3,587 shares, a decrease of 62.8% from the April 30th total of 9,635 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 132,226 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of REX AI Equity Premium Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. ORG Partners LLC acquired a new stake in REX AI Equity Premium Income ETF in the 4th quarter valued at approximately $60,000. Janney Montgomery Scott LLC acquired a new stake in REX AI Equity Premium Income ETF in the 4th quarter valued at approximately $222,000. Finally, SBI Securities Co. Ltd. grew its holdings in REX AI Equity Premium Income ETF by 45.9% in the 4th quarter. SBI Securities Co. Ltd. now owns 17,519 shares of the company’s stock valued at $702,000 after buying an additional 5,510 shares during the last quarter.

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REX AI Equity Premium Income ETF Stock Performance

Shares of NASDAQ AIPI opened at $39.21 on Friday. The firm has a market cap of $426.60 million, a price-to-earnings ratio of 41.65 and a beta of 1.00. The business’s 50-day simple moving average is $35.88 and its 200-day simple moving average is $38.02. REX AI Equity Premium Income ETF has a 52 week low of $32.21 and a 52 week high of $45.08.

REX AI Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Wednesday, April 22nd were issued a $1.0518 dividend. This is an increase from REX AI Equity Premium Income ETF’s previous monthly dividend of $1.02. The ex-dividend date of this dividend was Wednesday, April 22nd. This represents a c) dividend on an annualized basis and a yield of 32.2%.

About REX AI Equity Premium Income ETF

(Get Free Report)

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.

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