REX AI Equity Premium Income ETF (NASDAQ:AIPI) Short Interest Up 81.4% in February

REX AI Equity Premium Income ETF (NASDAQ:AIPI) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 29,200 shares, a growth of 81.4% from the January 31st total of 16,100 shares. Based on an average daily volume of 191,400 shares, the short-interest ratio is currently 0.2 days.

REX AI Equity Premium Income ETF Stock Up 1.1 %

Shares of NASDAQ AIPI opened at $44.20 on Monday. REX AI Equity Premium Income ETF has a 52-week low of $43.00 and a 52-week high of $56.15. The business’s 50 day moving average is $49.29 and its two-hundred day moving average is $49.97. The firm has a market cap of $232.05 million and a price-to-earnings ratio of 42.50.

REX AI Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 27th. Investors of record on Wednesday, February 26th were issued a $1.355 dividend. The ex-dividend date was Wednesday, February 26th.

Hedge Funds Weigh In On REX AI Equity Premium Income ETF

An institutional investor recently raised its position in REX AI Equity Premium Income ETF stock. OLD Mission Capital LLC lifted its holdings in shares of REX AI Equity Premium Income ETF (NASDAQ:AIPI) by 55.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,562 shares of the company’s stock after purchasing an additional 7,689 shares during the quarter. OLD Mission Capital LLC owned about 0.41% of REX AI Equity Premium Income ETF worth $1,057,000 as of its most recent filing with the SEC.

REX AI Equity Premium Income ETF Company Profile

The REX AI Equity Premium Income ETF (AIPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in leading Artificial Intelligence (AI) companies selected from the holdings of the BITA AI Leaders Select 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 AIPI was launched on Jun 4, 2024 and is issued by REX Shares.