Short Interest in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Grows By 82.1%

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) was the target of a large growth in short interest in June. As of June 30th, there was short interest totalling 21,300 shares, a growth of 82.1% from the June 15th total of 11,700 shares. Based on an average trading volume of 138,800 shares, the short-interest ratio is currently 0.2 days.

REX FANG & Innovation Equity Premium Income ETF Stock Performance

Shares of FEPI traded up $0.10 during mid-day trading on Friday, hitting $55.83. 150,402 shares of the stock were exchanged, compared to its average volume of 117,843. The company has a market cap of $333.31 million, a PE ratio of 43.97 and a beta of 1.06. REX FANG & Innovation Equity Premium Income ETF has a 52-week low of $48.41 and a 52-week high of $57.29. The firm has a 50-day moving average of $54.83 and a two-hundred day moving average of $55.12.

REX FANG & Innovation Equity Premium Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 26th. Investors of record on Tuesday, June 25th were issued a dividend of $1.1498 per share. The ex-dividend date of this dividend was Tuesday, June 25th. This represents a $13.80 annualized dividend and a yield of 24.71%.

REX FANG & Innovation Equity Premium Income ETF Company Profile

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.