REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Short Interest Update

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 26,010 shares, an increase of 174.1% from the April 15th total of 9,490 shares. Based on an average daily volume of 42,382 shares, the short-interest ratio is presently 0.6 days. Approximately 0.9% of the shares of the stock are short sold.

Hedge Funds Weigh In On REX Crypto Equity Premium Income ETF

An institutional investor recently raised its position in REX Crypto Equity Premium Income ETF stock. SBI Securities Co. Ltd. raised its stake in REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) by 77.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,871 shares of the company’s stock after acquiring an additional 11,686 shares during the period. SBI Securities Co. Ltd. owned approximately 1.01% of REX Crypto Equity Premium Income ETF worth $905,000 as of its most recent SEC filing.

REX Crypto Equity Premium Income ETF Price Performance

CEPI stock opened at $34.67 on Friday. REX Crypto Equity Premium Income ETF has a 1-year low of $26.98 and a 1-year high of $43.70. The business has a 50 day simple moving average of $31.44 and a two-hundred day simple moving average of $33.72. The company has a market capitalization of $100.89 million, a price-to-earnings ratio of 33.99 and a beta of 1.66.

REX Crypto Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, April 29th. Investors of record on Tuesday, April 28th were given a dividend of $1.1708 per share. This is a positive change from REX Crypto Equity Premium Income ETF’s previous monthly dividend of $1.06. This represents a c) dividend on an annualized basis and a dividend yield of 40.5%. The ex-dividend date was Tuesday, April 28th.

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.