REX AI Equity Premium Income ETF (NASDAQ:AIPI) Short Interest Down 59.1% in December

REX AI Equity Premium Income ETF (NASDAQ:AIPI) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 70,412 shares, a drop of 59.1% from the November 30th total of 172,202 shares. Based on an average daily trading volume, of 153,742 shares, the short-interest ratio is currently 0.5 days. Currently, 0.8% of the shares of the stock are short sold. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 153,742 shares, the short-interest ratio is currently 0.5 days.

REX AI Equity Premium Income ETF Trading Down 1.6%

Shares of NASDAQ AIPI opened at $41.08 on Friday. REX AI Equity Premium Income ETF has a 12-month low of $33.68 and a 12-month high of $51.34. The firm’s 50-day moving average price is $42.17 and its 200-day moving average price is $42.55. The stock has a market capitalization of $360.23 million, a price-to-earnings ratio of 41.65 and a beta of 1.10.

REX AI Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Tuesday, November 25th were paid a $1.2012 dividend. This represents a c) annualized dividend and a dividend yield of 35.1%. The ex-dividend date of this dividend was Tuesday, November 25th.

Institutional Trading of REX AI Equity Premium Income ETF

An institutional investor recently raised its position in REX AI Equity Premium Income ETF stock. CoreCap Advisors LLC boosted its position in shares of REX AI Equity Premium Income ETF (NASDAQ:AIPI) by 45.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,057 shares of the company’s stock after buying an additional 1,882 shares during the quarter. CoreCap Advisors LLC owned 0.07% of REX AI Equity Premium Income ETF worth $255,000 as of its most recent filing with the Securities & Exchange Commission.

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.