REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Stock Short Interest Drops 93.6%

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 4,251 shares, a decrease of 93.6% from the October 15th total of 66,778 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 159,419 shares, the short-interest ratio is presently 0.0 days.

REX IncomeMax Option Strategy ETF Price Performance

Shares of ULTI remained flat at $5.22 during trading hours on Tuesday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.01. REX IncomeMax Option Strategy ETF has a fifty-two week low of $4.93 and a fifty-two week high of $25.51. The firm’s 50 day moving average price is $6.11 and its 200-day moving average price is $10.49. The firm has a market cap of $8.87 million, a price-to-earnings ratio of 2.52, a PEG ratio of 6.51 and a beta of 2.56.

REX IncomeMax Option Strategy ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 23rd. Stockholders of record on Thursday, October 22nd were given a $0.08 dividend. The ex-dividend date was Thursday, October 22nd. This is a positive change from REX IncomeMax Option Strategy ETF’s previous dividend of $0.07. This represents a dividend yield of 7,894.0%. REX IncomeMax Option Strategy ETF’s dividend payout ratio (DPR) is presently 420.77%.

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.