Short Interest in REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Decreases By 48.7%

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 14,314 shares, a decline of 48.7% from the June 15th total of 27,910 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 43,111 shares, the days-to-cover ratio is currently 0.3 days.

REX Crypto Equity Premium Income ETF Trading Down 2.3%

REX Crypto Equity Premium Income ETF stock traded down $0.71 during midday trading on Friday, hitting $30.82. The stock had a trading volume of 41,712 shares, compared to its average volume of 42,828. REX Crypto Equity Premium Income ETF has a 52-week low of $26.98 and a 52-week high of $43.70. The company has a market capitalization of $105.10 million, a PE ratio of 33.99 and a beta of 1.69. The firm’s fifty day moving average is $33.94 and its two-hundred day moving average is $32.86.

REX Crypto Equity Premium Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, July 16th. Investors of record on Wednesday, July 15th were paid a dividend of $0.2589 per share. The ex-dividend date was Wednesday, July 15th.

Institutional Investors Weigh In On REX Crypto Equity Premium Income ETF

An institutional investor recently raised its stake in REX Crypto Equity Premium Income ETF stock. SBI Securities Co. Ltd. lifted its holdings in REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) by 77.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,871 shares of the company’s stock after acquiring an additional 11,686 shares during the period. SBI Securities Co. Ltd. owned 1.01% of REX Crypto Equity Premium Income ETF worth $905,000 at the end of the most recent reporting period.

About REX Crypto Equity Premium Income ETF

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.