REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Sees Significant Growth in Short Interest

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 181,400 shares, a growth of 5.2% from the November 30th total of 172,500 shares. Based on an average daily trading volume, of 149,400 shares, the days-to-cover ratio is presently 1.2 days.

REX FANG & Innovation Equity Premium Income ETF Price Performance

Shares of NASDAQ FEPI opened at $49.65 on Thursday. REX FANG & Innovation Equity Premium Income ETF has a 1 year low of $44.16 and a 1 year high of $57.29. The firm has a 50-day moving average of $51.58 and a 200 day moving average of $51.87. The stock has a market cap of $387.27 million, a P/E ratio of 43.97 and a beta of 1.06.

REX FANG & Innovation Equity Premium Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 24th were paid a dividend of $1.0832 per share. The ex-dividend date was Tuesday, December 24th.

Institutional Trading of REX FANG & Innovation Equity Premium Income ETF

A hedge fund recently raised its stake in REX FANG & Innovation Equity Premium Income ETF stock. Farther Finance Advisors LLC raised its holdings in shares of REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) by 93.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,177 shares of the company’s stock after buying an additional 2,017 shares during the period. Farther Finance Advisors LLC owned about 0.05% of REX FANG & Innovation Equity Premium Income ETF worth $214,000 at the end of the most recent quarter.

REX FANG & Innovation Equity Premium Income ETF Company Profile

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.