Short Interest in REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Declines By 82.0%

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 2,381 shares, a decline of 82.0% from the July 30th total of 13,232 shares. Based on an average trading volume of 53,419 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On REX Crypto Equity Premium Income ETF

An institutional investor recently raised its stake in REX Crypto Equity Premium Income ETF stock. SBI Securities Co. Ltd. raised its stake in REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) by 77.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,871 shares of the company’s stock after purchasing an additional 11,686 shares during the quarter. SBI Securities Co. Ltd. owned 1.01% of REX Crypto Equity Premium Income ETF worth $905,000 as of its most recent filing with the Securities & Exchange Commission.

REX Crypto Equity Premium Income ETF Stock Up 1.0%

NASDAQ:CEPI traded up $0.31 during trading hours on Thursday, reaching $31.71. The company had a trading volume of 36,904 shares, compared to its average volume of 43,154. The business’s 50-day simple moving average is $32.13 and its two-hundred day simple moving average is $32.24. REX Crypto Equity Premium Income ETF has a twelve month low of $26.98 and a twelve month high of $43.70. The firm has a market cap of $113.20 million, a price-to-earnings ratio of 33.99 and a beta of 1.71.

REX Crypto Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, August 27th. Shareholders of record on Wednesday, August 26th will be paid a dividend of $0.2522 per share. The ex-dividend date is 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.