Short Interest in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Increases By 117.3%

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) was the target of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 33,900 shares, a growth of 117.3% from the July 31st total of 15,600 shares. Based on an average daily trading volume, of 195,400 shares, the short-interest ratio is presently 0.2 days.

REX FANG & Innovation Equity Premium Income ETF Stock Up 1.2 %

FEPI traded up $0.61 during trading on Friday, reaching $50.81. The company’s stock had a trading volume of 90,851 shares, compared to its average volume of 138,869. The firm has a fifty day simple moving average of $52.55 and a two-hundred day simple moving average of $54.04. The company has a market cap of $373.45 million, a price-to-earnings ratio of 43.97 and a beta of 1.06. REX FANG & Innovation Equity Premium Income ETF has a 1 year low of $44.16 and a 1 year high of $57.29.

REX FANG & Innovation Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Tuesday, August 27th were paid a $1.0793 dividend. This represents a $12.95 dividend on an annualized basis and a dividend yield of 25.49%. The ex-dividend date was Tuesday, August 27th.

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.