REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Short Interest Update

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 14,314 shares, a drop of 48.7% from the June 15th total of 27,910 shares. Based on an average daily trading volume, of 43,111 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.4% of the company’s shares are short sold.

REX Crypto Equity Premium Income ETF Trading Down 2.5%

NASDAQ:CEPI traded down $0.80 during trading hours on Thursday, hitting $31.51. The company had a trading volume of 42,755 shares, compared to its average volume of 42,682. REX Crypto Equity Premium Income ETF has a 1 year low of $26.98 and a 1 year high of $43.70. The company has a market cap of $107.45 million, a P/E ratio of 33.99 and a beta of 1.69. The company has a 50-day moving average of $33.99 and a 200 day moving average of $32.88.

REX Crypto Equity Premium Income ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, July 16th. Shareholders of record on Wednesday, July 15th will be issued a $0.2589 dividend. The ex-dividend date is Wednesday, July 15th.

Institutional Trading of REX Crypto Equity Premium Income ETF

A hedge fund recently raised its position in REX Crypto Equity Premium Income ETF stock. SBI Securities Co. Ltd. grew its stake in REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) by 77.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 26,871 shares of the company’s stock after acquiring an additional 11,686 shares during the period. SBI Securities Co. Ltd. owned about 1.01% of REX Crypto Equity Premium Income ETF worth $905,000 as of its most recent filing with the SEC.

REX Crypto Equity Premium Income ETF Company Profile

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.