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 significant growth in short interest in December. As of December 15th, there was short interest totaling 226,941 shares, a growth of 62.1% from the November 30th total of 140,004 shares. Based on an average daily trading volume, of 111,036 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.9% of the company’s shares are sold short. Currently, 1.9% of the company’s shares are sold short. Based on an average daily trading volume, of 111,036 shares, the days-to-cover ratio is currently 2.0 days.

REX FANG & Innovation Equity Premium Income ETF Trading Down 0.6%

FEPI traded down $0.25 during mid-day trading on Monday, hitting $45.65. 113,865 shares of the stock were exchanged, compared to its average volume of 144,319. The firm’s fifty day moving average is $46.62 and its two-hundred day moving average is $46.34. REX FANG & Innovation Equity Premium Income ETF has a 1-year low of $35.44 and a 1-year high of $50.98. The company has a market cap of $547.76 million, a PE ratio of 41.27 and a beta of 1.05.

Institutional Investors Weigh In On REX FANG & Innovation Equity Premium Income ETF

Several large investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC lifted its holdings in REX FANG & Innovation Equity Premium Income ETF by 7.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,138 shares of the company’s stock worth $234,000 after buying an additional 344 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in REX FANG & Innovation Equity Premium Income ETF by 36.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 6,575 shares of the company’s stock worth $299,000 after purchasing an additional 1,756 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in REX FANG & Innovation Equity Premium Income ETF by 199.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 9,647 shares of the company’s stock worth $439,000 after purchasing an additional 6,425 shares during the period.

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. FEPI was launched on Oct 9, 2023 and is issued by REX.