REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Short Interest Update

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,997 shares, a decline of 70.8% from the August 15th total of 6,845 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 106,664 shares, the short-interest ratio is currently 0.0 days.

REX IncomeMax Option Strategy ETF Price Performance

Shares of ULTI opened at $6.50 on Friday. The firm has a 50-day simple moving average of $7.77 and a two-hundred day simple moving average of $11.19. The stock has a market cap of $22.10 million, a PE ratio of 3.14, a P/E/G ratio of 6.51 and a beta of -4.40. REX IncomeMax Option Strategy ETF has a 1-year low of $6.17 and a 1-year high of $26.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.02 and a quick ratio of 1.02.

REX IncomeMax Option Strategy ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 11th. Investors of record on Thursday, September 10th were issued a $0.09 dividend. This is a boost from REX IncomeMax Option Strategy ETF’s previous dividend of $0.09. The ex-dividend date was Thursday, September 10th. This represents a yield of 7,233.0%. REX IncomeMax Option Strategy ETF’s payout ratio is 397.10%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in shares of REX IncomeMax Option Strategy ETF in the fourth quarter valued at $264,000. OLD Mission Capital LLC purchased a new stake in shares of REX IncomeMax Option Strategy ETF in the 4th quarter valued at $142,000. Finally, Apollon Wealth Management LLC acquired a new position in REX IncomeMax Option Strategy ETF during the 1st quarter worth about $431,000. 91.20% of the stock is currently owned by institutional investors and hedge funds.

About REX IncomeMax Option Strategy ETF

The Ultimate Software Group, Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.