REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Short Interest Update

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 33,356 shares, a growth of 1,300.9% from the August 15th total of 2,381 shares. Based on an average daily volume of 42,665 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.9% of the company’s shares are sold short.

REX Crypto Equity Premium Income ETF Trading Down 1.0%

CEPI traded down $0.32 during trading on Thursday, reaching $31.28. 35,172 shares of the company’s stock were exchanged, compared to its average volume of 43,367. The stock has a market capitalization of $111.67 million, a PE ratio of 33.99 and a beta of 1.72. The firm has a fifty day moving average price of $31.63 and a two-hundred day moving average price of $32.20. REX Crypto Equity Premium Income ETF has a one year low of $26.98 and a one year high of $43.70.

REX Crypto Equity Premium Income ETF Cuts Dividend

The business also recently declared a weekly dividend, which was paid on Thursday, August 27th. Shareholders of record on Wednesday, August 26th were given a $0.2522 dividend. This represents a dividend yield of 4,176.0%. The ex-dividend date was Wednesday, August 26th.

REX Crypto Equity Premium Income ETF Company Profile

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.