REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 18,281 shares, a decrease of 87.7% from the July 15th total of 148,524 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 232,423 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Investors Weigh In On REX FANG & Innovation Equity Premium Income ETF
Several hedge funds and other institutional investors have recently modified their holdings of FEPI. Private Wealth Asset Management LLC bought a new position in shares of REX FANG & Innovation Equity Premium Income ETF in the fourth quarter worth $36,000. Arlington Trust Co LLC purchased a new stake in shares of REX FANG & Innovation Equity Premium Income ETF during the 2nd quarter valued at $65,000. Farther Finance Advisors LLC lifted its holdings in shares of REX FANG & Innovation Equity Premium Income ETF by 19.1% during the 4th quarter. Farther Finance Advisors LLC now owns 3,734 shares of the company’s stock worth $170,000 after acquiring an additional 600 shares during the last quarter. CoreCap Advisors LLC purchased a new position in REX FANG & Innovation Equity Premium Income ETF in the second quarter worth $233,000. Finally, SBI Securities Co. Ltd. grew its position in REX FANG & Innovation Equity Premium Income ETF by 21.9% in the fourth quarter. SBI Securities Co. Ltd. now owns 55,257 shares of the company’s stock worth $2,440,000 after acquiring an additional 9,934 shares in the last quarter.
REX FANG & Innovation Equity Premium Income ETF Stock Performance
NASDAQ FEPI traded up $0.07 on Wednesday, hitting $41.85. 198,764 shares of the stock traded hands, compared to its average volume of 198,466. REX FANG & Innovation Equity Premium Income ETF has a 12 month low of $37.90 and a 12 month high of $49.68. The business’s fifty day moving average is $42.15 and its two-hundred day moving average is $42.57. The firm has a market capitalization of $690.52 million, a price-to-earnings ratio of 41.27 and a beta of 1.10.
REX FANG & Innovation Equity Premium Income ETF Increases Dividend
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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