Short Interest in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Increases By 82.1%

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 21,300 shares, an increase of 82.1% from the June 15th total of 11,700 shares. Based on an average daily volume of 138,800 shares, the short-interest ratio is presently 0.2 days.

REX FANG & Innovation Equity Premium Income ETF Stock Up 0.2 %

Shares of FEPI stock traded up $0.10 on Friday, hitting $55.83. The company had a trading volume of 149,388 shares, compared to its average volume of 117,839. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $48.41 and a twelve month high of $57.29. The firm has a market cap of $333.31 million, a P/E ratio of 43.97 and a beta of 1.06. The company has a 50-day moving average price of $54.78 and a 200-day moving average price of $55.13.

REX FANG & Innovation Equity Premium Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 26th. Shareholders of record on Tuesday, June 25th were issued a $1.1498 dividend. This represents a $13.80 dividend on an annualized basis and a yield of 24.71%. The ex-dividend date of this dividend was Tuesday, June 25th.

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.