Short Interest in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Increases By 227.9%

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 104,600 shares, an increase of 227.9% from the September 15th total of 31,900 shares. Based on an average daily volume of 173,700 shares, the short-interest ratio is presently 0.6 days.

REX FANG & Innovation Equity Premium Income ETF Price Performance

FEPI stock traded up $0.01 during mid-day trading on Friday, reaching $51.47. 98,851 shares of the company traded hands, compared to its average volume of 135,280. The company has a market capitalization of $389.63 million, a P/E ratio of 43.97 and a beta of 1.06. The company has a fifty day moving average price of $50.48 and a 200-day moving average price of $52.90. REX FANG & Innovation Equity Premium Income ETF has a 52-week low of $44.16 and a 52-week high of $57.29.

REX FANG & Innovation Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 26th were issued a $1.0923 dividend. This is an increase from REX FANG & Innovation Equity Premium Income ETF’s previous monthly dividend of $1.08. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $13.11 dividend on an annualized basis and a yield of 25.47%.

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.