REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Short Interest Up 68.0% in July

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) was the target of a large growth in short interest in the month of 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. Based on an average daily trading volume, of 42,278 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the company are sold short.

REX Crypto Equity Premium Income ETF Stock Down 3.1%

Shares of NASDAQ CEPI opened at $30.95 on Wednesday. The firm’s 50-day moving average price is $32.56 and its two-hundred day moving average price is $32.28. REX Crypto Equity Premium Income ETF has a 52-week low of $26.98 and a 52-week high of $43.70. The stock has a market capitalization of $110.49 million, a P/E ratio of 33.99 and a beta of 1.71.

REX Crypto Equity Premium Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, August 13th. Stockholders of record on Wednesday, August 12th were given a dividend of $0.2493 per share. The ex-dividend date was Wednesday, August 12th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in REX Crypto Equity Premium Income ETF stock. Investmark Advisory Group LLC bought a new position in REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent reporting period.

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.