REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Sees Large Growth in Short Interest

Posted by Chris Copeland on Apr 2nd, 2025

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Get Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 22,400 shares, an increase of 21.7% from the February 28th total of 18,400 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 185,000 shares, the short-interest ratio is presently 0.1 days.

REX FANG & Innovation Equity Premium Income ETF Trading Up 1.2 %

FEPI stock traded up $0.52 during mid-day trading on Wednesday, reaching $42.42. The company’s stock had a trading volume of 52,773 shares, compared to its average volume of 160,887. The stock has a market cap of $402.99 million, a PE ratio of 36.93 and a beta of 1.06. The company’s 50 day moving average is $46.51 and its two-hundred day moving average is $49.55. REX FANG & Innovation Equity Premium Income ETF has a fifty-two week low of $40.46 and a fifty-two week high of $56.44.

REX FANG & Innovation Equity Premium Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were issued a $0.9437 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

Hedge Funds Weigh In On REX FANG & Innovation Equity Premium Income ETF

A hedge fund recently raised its stake in REX FANG & Innovation Equity Premium Income ETF stock. Farther Finance Advisors LLC grew its stake in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Free Report) by 42.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,966 shares of the company’s stock after acquiring an additional 1,789 shares during the quarter. Farther Finance Advisors LLC owned about 0.06% of REX FANG & Innovation Equity Premium Income ETF worth $296,000 as of its most recent SEC filing.

REX FANG & Innovation Equity Premium Income ETF Company Profile

(Get Free Report)

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.