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 significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 22,400 shares, a growth of 21.7% from the February 28th total of 18,400 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 185,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in REX FANG & Innovation Equity Premium Income ETF stock. Farther Finance Advisors LLC lifted its position in REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) by 42.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,966 shares of the company’s stock after buying an additional 1,789 shares during the quarter. Farther Finance Advisors LLC owned about 0.06% of REX FANG & Innovation Equity Premium Income ETF worth $296,000 as of its most recent filing with the SEC.

REX FANG & Innovation Equity Premium Income ETF Trading Down 4.1 %

NASDAQ FEPI traded down $1.73 during trading on Thursday, reaching $40.43. 129,243 shares of the company’s stock were exchanged, compared to its average volume of 161,090. The firm has a market capitalization of $384.09 million, a PE ratio of 36.93 and a beta of 1.06. REX FANG & Innovation Equity Premium Income ETF has a fifty-two week low of $39.88 and a fifty-two week high of $56.44. The company’s fifty day simple moving average is $46.34 and its 200-day simple moving average is $49.50.

REX FANG & Innovation Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were given a dividend of $0.9437 per share. The ex-dividend date was Wednesday, March 26th.

About REX FANG & Innovation Equity Premium Income ETF

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.