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 decrease in short interest during the month of August. As of August 14th, there was short interest totaling 2,381 shares, a decrease 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. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in REX Crypto Equity Premium Income ETF stock. Investmark Advisory Group LLC purchased a new stake in shares of REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,438 shares of the company’s stock, valued at approximately $63,000. Investmark Advisory Group LLC owned 0.32% of REX Crypto Equity Premium Income ETF at the end of the most recent quarter.

REX Crypto Equity Premium Income ETF Price Performance

NASDAQ:CEPI traded down $0.75 during trading hours on Friday, reaching $30.96. 52,824 shares of the company were exchanged, compared to its average volume of 43,208. The firm has a market cap of $110.53 million, a price-to-earnings ratio of 33.99 and a beta of 1.71. The stock has a 50 day simple moving average of $32.13 and a 200 day simple moving average of $32.24. REX Crypto Equity Premium Income ETF has a 52-week low of $26.98 and a 52-week high of $43.70.

REX Crypto Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 27th. Stockholders of record on Wednesday, August 26th were issued a dividend of $0.2522 per share. The ex-dividend date was Wednesday, August 26th.

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.