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

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 11,700 shares, a growth of 69.6% from the May 31st total of 6,900 shares. Based on an average daily volume of 137,600 shares, the short-interest ratio is presently 0.1 days.

REX FANG & Innovation Equity Premium Income ETF Price Performance

Shares of NASDAQ FEPI traded up $0.05 during trading hours on Friday, hitting $54.72. 132,394 shares of the company’s stock were exchanged, compared to its average volume of 114,592. REX FANG & Innovation Equity Premium Income ETF has a 1-year low of $48.41 and a 1-year high of $57.29. The stock has a market capitalization of $196.99 million, a price-to-earnings ratio of 43.97 and a beta of 1.06. The company’s 50-day moving average price is $54.10 and its 200-day moving average price is $55.12.

REX FANG & Innovation Equity Premium Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, June 26th. Investors of record on Tuesday, June 25th were paid a dividend of $1.1498 per share. The ex-dividend date was Tuesday, June 25th. This represents a $13.80 annualized dividend and a yield of 25.21%.

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.