REX AI Equity Premium Income ETF (NASDAQ:AIPI – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 319,541 shares, an increase of 134.2% from the September 15th total of 136,412 shares. Approximately 2.5% of the company’s shares are sold short. Based on an average trading volume of 248,623 shares, the short-interest ratio is presently 1.3 days.
Hedge Funds Weigh In On REX AI Equity Premium Income ETF
An institutional investor recently bought a new stake in REX AI Equity Premium Income ETF stock. CoreCap Advisors LLC purchased a new position in REX AI Equity Premium Income ETF (NASDAQ:AIPI – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,050 shares of the company’s stock, valued at approximately $77,000.
REX AI Equity Premium Income ETF Trading Up 0.1%
Shares of REX AI Equity Premium Income ETF stock opened at $37.70 on Wednesday. The company’s fifty day simple moving average is $37.20 and its two-hundred day simple moving average is $36.56. The company has a market cap of $488.22 million, a P/E ratio of 41.65 and a beta of 1.11. REX AI Equity Premium Income ETF has a 12-month low of $32.21 and a 12-month high of $45.08.
REX AI Equity Premium Income ETF Cuts Dividend
REX AI Equity Premium Income ETF Company Profile
The REX AI Equity Premium Income ETF (AIPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in leading Artificial Intelligence (AI) companies selected from the holdings of the BITA AI Leaders Select 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 AIPI was launched on Jun 4, 2024 and is issued by REX Shares.
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