REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Short Interest Update

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 17,200 shares, a drop of 40.3% from the January 31st total of 28,800 shares. Based on an average daily trading volume, of 184,900 shares, the short-interest ratio is currently 0.1 days.

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

An institutional investor recently raised its position in REX FANG & Innovation Equity Premium Income ETF stock. Farther Finance Advisors LLC grew its position in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) by 93.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,177 shares of the company’s stock after purchasing an additional 2,017 shares during the period. Farther Finance Advisors LLC owned approximately 0.05% of REX FANG & Innovation Equity Premium Income ETF worth $214,000 as of its most recent SEC filing.

REX FANG & Innovation Equity Premium Income ETF Price Performance

NASDAQ:FEPI traded down $0.89 during mid-day trading on Monday, reaching $44.37. The company’s stock had a trading volume of 209,615 shares, compared to its average volume of 158,374. The stock has a market cap of $421.52 million, a P/E ratio of 43.97 and a beta of 1.06. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $43.97 and a twelve month high of $57.12. The company’s fifty day simple moving average is $49.40 and its two-hundred day simple moving average is $50.64.

REX FANG & Innovation Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 27th. Stockholders of record on Wednesday, February 26th were paid a $0.9806 dividend. The ex-dividend date of this dividend was Wednesday, February 26th.

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.