Short Interest in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Expands By 5.2%

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 181,400 shares, a growth of 5.2% from the November 30th total of 172,500 shares. Based on an average daily trading volume, of 149,400 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of REX FANG & Innovation Equity Premium Income ETF

A hedge fund recently bought a new stake in REX FANG & Innovation Equity Premium Income ETF stock. Beck Capital Management LLC bought a new position in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 56,448 shares of the company’s stock, valued at approximately $2,895,000. Beck Capital Management LLC owned approximately 0.72% of REX FANG & Innovation Equity Premium Income ETF as of its most recent SEC filing.

REX FANG & Innovation Equity Premium Income ETF Trading Down 0.2 %

NASDAQ:FEPI opened at $49.55 on Friday. The business’s fifty day moving average price is $51.56 and its 200 day moving average price is $51.85. The firm has a market capitalization of $386.49 million, a price-to-earnings ratio of 43.97 and a beta of 1.06. REX FANG & Innovation Equity Premium Income ETF has a 1-year low of $44.16 and a 1-year high of $57.29.

REX FANG & Innovation Equity Premium Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, December 24th were given a $1.0832 dividend. The ex-dividend date of this dividend was Tuesday, December 24th.

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.