REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Short Interest Up 69.6% in June

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 11,700 shares, an increase of 69.6% from the May 31st total of 6,900 shares. Based on an average trading volume of 137,600 shares, the days-to-cover ratio is currently 0.1 days.

REX FANG & Innovation Equity Premium Income ETF Trading Up 0.1 %

NASDAQ:FEPI traded up $0.05 during trading hours on Friday, hitting $54.72. 132,394 shares of the company were exchanged, compared to its average volume of 114,592. The company has a fifty day simple moving average of $54.10 and a 200 day simple moving average of $55.12. REX FANG & Innovation Equity Premium Income ETF has a one year low of $48.41 and a one year high of $57.29. The stock has a market capitalization of $196.99 million, a price-to-earnings ratio of 43.97 and a beta of 1.06.

REX FANG & Innovation Equity Premium Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 26th. Shareholders of record on Tuesday, June 25th were paid a dividend of $1.1498 per share. The ex-dividend date of this dividend was Tuesday, June 25th. This represents a $13.80 dividend on an annualized basis and a yield of 25.21%.

About REX FANG & Innovation Equity Premium Income ETF

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.