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

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 33,356 shares, an increase of 1,300.9% from the August 15th total of 2,381 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average trading volume of 42,665 shares, the short-interest ratio is currently 0.8 days.

REX Crypto Equity Premium Income ETF Stock Performance

REX Crypto Equity Premium Income ETF stock traded up $0.29 during midday trading on Friday, reaching $31.57. 14,773 shares of the stock were exchanged, compared to its average volume of 43,151. REX Crypto Equity Premium Income ETF has a 52 week low of $26.98 and a 52 week high of $43.70. The firm has a market cap of $112.72 million, a PE ratio of 33.99 and a beta of 1.72. The company’s fifty day moving average is $31.63 and its 200-day moving average is $32.20.

REX Crypto Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a weekly dividend, which was paid on Thursday, August 27th. Investors of record on Wednesday, August 26th were given a $0.2522 dividend. This represents a dividend yield of 4,176.0%. The ex-dividend date was 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.