REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Short Interest Update

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 4,592 shares, a decline of 71.2% from the July 15th total of 15,933 shares. Based on an average trading volume of 90,876 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of REX IncomeMax Option Strategy ETF

A number of hedge funds have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in REX IncomeMax Option Strategy ETF in the fourth quarter worth approximately $264,000. OLD Mission Capital LLC purchased a new position in shares of REX IncomeMax Option Strategy ETF during the fourth quarter worth approximately $142,000. Finally, Apollon Wealth Management LLC purchased a new position in shares of REX IncomeMax Option Strategy ETF during the first quarter worth approximately $431,000. Institutional investors own 91.20% of the company’s stock.

REX IncomeMax Option Strategy ETF Trading Up 0.1%

NASDAQ ULTI opened at $7.73 on Thursday. The stock’s 50-day simple moving average is $10.09 and its two-hundred day simple moving average is $12.34. REX IncomeMax Option Strategy ETF has a twelve month low of $6.94 and a twelve month high of $26.50. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $26.28 million, a price-to-earnings ratio of 3.73, a PEG ratio of 6.51 and a beta of -4.24.

REX IncomeMax Option Strategy ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 7th. Investors of record on Thursday, August 6th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, August 6th. This is a positive change from REX IncomeMax Option Strategy ETF’s previous dividend of $0.09. REX IncomeMax Option Strategy ETF’s payout ratio is 374.88%.

About REX IncomeMax Option Strategy ETF

The Ultimate Software Group, Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.