REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Sees Large Increase in Short Interest

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 13,232 shares, a growth of 68.0% from the July 15th total of 7,878 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 42,278 shares, the days-to-cover ratio is currently 0.3 days.

REX Crypto Equity Premium Income ETF Stock Performance

Shares of REX Crypto Equity Premium Income ETF stock traded up $0.26 on Monday, hitting $31.95. The company had a trading volume of 24,814 shares, compared to its average volume of 43,285. The stock has a market capitalization of $114.06 million, a price-to-earnings ratio of 33.99 and a beta of 1.71. REX Crypto Equity Premium Income ETF has a 1 year low of $26.98 and a 1 year high of $43.70. The stock has a 50 day moving average of $32.67 and a 200-day moving average of $32.33.

REX Crypto Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, August 13th. Shareholders of record on Wednesday, August 12th were given a $0.2493 dividend. The ex-dividend date of this dividend was Wednesday, August 12th.

Hedge Funds Weigh In On REX Crypto Equity Premium Income ETF

An institutional investor recently bought a new stake in REX Crypto Equity Premium Income ETF stock. Investmark Advisory Group LLC bought a new stake in shares of REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,438 shares of the company’s stock, valued at approximately $63,000. Investmark Advisory Group LLC owned 0.32% of REX Crypto Equity Premium Income ETF as of its most recent SEC filing.

REX Crypto Equity Premium Income ETF Company Profile

The REX Crypto Equity Premium Income ETF (CEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in crypto-related and digital payment solutions stocks selected from the index. The fund seeks to generate income by writing covered call options on its holdings, aiming for capital growth and current income, while maintaining the flexibility to adapt based on market conditions. CEPI was launched on Dec 4, 2024 and is issued by REX Shares.