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 decline in short interest in the month of September. As of September 15th, there was short interest totaling 8,679 shares, a decline of 74.0% from the August 31st total of 33,356 shares. Based on an average trading volume of 43,390 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

REX Crypto Equity Premium Income ETF Price Performance

Shares of NASDAQ CEPI opened at $31.94 on Friday. REX Crypto Equity Premium Income ETF has a 1 year low of $26.98 and a 1 year high of $43.70. The stock has a market capitalization of $123.61 million, a P/E ratio of 33.99 and a beta of 1.72. The company’s 50-day moving average is $31.48 and its 200 day moving average is $32.24.

REX Crypto Equity Premium Income ETF Cuts Dividend

The company also recently announced a weekly dividend, which was paid on Thursday, August 27th. Shareholders of record on Wednesday, August 26th were issued a $0.2522 dividend. This represents a yield of 4,176.0%. This is a drop from REX Crypto Equity Premium Income ETF’s previous weekly dividend of $0.2578. The ex-dividend date of this dividend 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.