REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Sees Significant Decrease in Short Interest

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 2,381 shares, a decrease of 82.0% from the July 30th total of 13,232 shares. Based on an average daily volume of 53,419 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

REX Crypto Equity Premium Income ETF Price Performance

REX Crypto Equity Premium Income ETF stock opened at $31.50 on Wednesday. The stock’s 50-day moving average is $32.26 and its 200-day moving average is $32.23. The company has a market cap of $112.45 million, a price-to-earnings ratio of 33.99 and a beta of 1.71. REX Crypto Equity Premium Income ETF has a 12 month low of $26.98 and a 12 month high of $43.70.

REX Crypto Equity Premium Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 19th were issued a $0.2578 dividend. The ex-dividend date was Wednesday, August 19th. This is a boost from REX Crypto Equity Premium Income ETF’s previous dividend of $0.25.

Institutional Investors Weigh In On REX Crypto Equity Premium Income ETF

A hedge fund recently bought a new position 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 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 11,438 shares of the company’s stock, valued at approximately $63,000. Investmark Advisory Group LLC owned about 0.32% of REX Crypto Equity Premium Income ETF at the end of the most recent quarter.

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.