REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Short Interest Update

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 90,300 shares, a drop of 13.7% from the September 30th total of 104,600 shares. Based on an average daily volume of 154,700 shares, the days-to-cover ratio is presently 0.6 days.

REX FANG & Innovation Equity Premium Income ETF Stock Up 0.6 %

FEPI stock traded up $0.31 during trading on Tuesday, reaching $51.52. 85,265 shares of the company’s stock were exchanged, compared to its average volume of 135,211. 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 market cap of $395.67 million, a PE ratio of 43.97 and a beta of 1.06. The company’s fifty day moving average price is $50.91 and its 200-day moving average price is $52.58.

REX FANG & Innovation Equity Premium Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 24th were issued a dividend of $1.0776 per share. This represents a $12.93 dividend on an annualized basis and a yield of 25.10%. The ex-dividend date was Thursday, October 24th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in REX FANG & Innovation Equity Premium Income ETF stock. Farther Finance Advisors LLC lifted its position in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) by 93.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,177 shares of the company’s stock after acquiring 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 as of its most recent SEC filing.

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.