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

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) was the recipient of a large increase in short interest in 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 traded up $0.10 during mid-day trading on Friday, reaching $55.83. The company’s stock 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 1 year low of $48.41 and a 1 year high of $57.29. The company has a market cap of $333.31 million, a price-to-earnings ratio of 43.97 and a beta of 1.06. The business has a fifty day moving average of $54.78 and a 200 day moving average of $55.13.

REX FANG & Innovation Equity Premium Income ETF Dividend Announcement

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

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.