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

by · The Cerbat Gem

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Get Free Report) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 11,700 shares, an increase of 69.6% from the May 31st total of 6,900 shares. Based on an average daily trading volume, of 137,600 shares, the short-interest ratio is presently 0.1 days.

REX FANG & Innovation Equity Premium Income ETF Price Performance

FEPI stock traded up $0.05 during trading on Friday, hitting $54.72. The stock had a trading volume of 132,394 shares, compared to its average volume of 114,592. The stock has a market capitalization of $196.99 million, a P/E ratio of 43.97 and a beta of 1.06. The company’s 50-day moving average price is $54.10 and its two-hundred day moving average price is $55.12. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $48.41 and a twelve month high of $57.29.

REX FANG & Innovation Equity Premium Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 26th. Stockholders of record on Tuesday, June 25th were given a dividend of $1.1498 per share. This represents a $13.80 annualized dividend and a dividend yield of 25.21%. The ex-dividend date of this dividend was Tuesday, June 25th.

About REX FANG & Innovation Equity Premium Income ETF

(Get Free Report)

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.

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