Short Interest in REX AI Equity Premium Income ETF (NASDAQ:AIPI) Rises By 154.9%

REX AI Equity Premium Income ETF (NASDAQ:AIPI) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totaling 96,600 shares, agrowthof154.9% from the July 31st total of 37,900 shares. Based on an average trading volume of 124,500 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 124,500 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of REX AI Equity Premium Income ETF

An institutional investor recently bought a new position in REX AI Equity Premium Income ETF stock. SBI Securities Co. Ltd. bought a new stake in shares of REX AI Equity Premium Income ETF (NASDAQ:AIPI) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,013 shares of the company’s stock, valued at approximately $202,000. SBI Securities Co. Ltd. owned approximately 0.08% of REX AI Equity Premium Income ETF as of its most recent filing with the Securities & Exchange Commission.

REX AI Equity Premium Income ETF Trading Up 0.8%

AIPI opened at $41.46 on Friday. The company has a market capitalization of $330.44 million and a PE ratio of 41.65. REX AI Equity Premium Income ETF has a 1-year low of $33.68 and a 1-year high of $52.55. The firm’s 50 day simple moving average is $42.86 and its two-hundred day simple moving average is $42.13.

REX AI Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 26th. Stockholders of record on Wednesday, June 25th were given a dividend of $1.274 per share. This represents a c) annualized dividend and a dividend yield of 36.9%. The ex-dividend date was Wednesday, June 25th. This is a positive change from REX AI Equity Premium Income ETF’s previous monthly dividend of $1.23.

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.