REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Short Interest Down 82.0% in August

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 2,381 shares, a drop of 82.0% from the July 30th total of 13,232 shares. Based on an average daily volume of 53,419 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

REX Crypto Equity Premium Income ETF Price Performance

REX Crypto Equity Premium Income ETF stock opened at $31.50 on Wednesday. REX Crypto Equity Premium Income ETF has a 12 month low of $26.98 and a 12 month high of $43.70. The company has a fifty day moving average price of $32.26 and a two-hundred day moving average price of $32.23. The company has a market cap of $112.45 million, a PE ratio of 33.99 and a beta of 1.71.

REX Crypto Equity Premium Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 19th were issued a $0.2578 dividend. This is a boost from REX Crypto Equity Premium Income ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Wednesday, August 19th.

Institutional Investors Weigh In On REX Crypto Equity Premium Income ETF

An institutional investor recently raised its stake in REX Crypto Equity Premium Income ETF stock. SBI Securities Co. Ltd. raised its holdings in shares of REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) by 77.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,871 shares of the company’s stock after acquiring an additional 11,686 shares during the period. SBI Securities Co. Ltd. owned approximately 1.01% of REX Crypto Equity Premium Income ETF worth $905,000 as of its most recent SEC filing.

About REX Crypto Equity Premium Income ETF

The REX Crypto Equity Premium Income ETF (CEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in crypto-related and digital payment solutions stocks selected from the 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. CEPI was launched on Dec 4, 2024 and is issued by REX Shares.