Short Interest in REX AI Equity Premium Income ETF (NASDAQ:AIPI) Rises By 331.3%

REX AI Equity Premium Income ETF (NASDAQ:AIPI) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 85,445 shares, an increase of 331.3% from the December 31st total of 19,813 shares. Based on an average daily volume of 171,238 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.8% of the company’s stock are short sold. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 171,238 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of REX AI Equity Premium Income ETF

Institutional investors have recently bought and sold shares of the company. SBI Securities Co. Ltd. lifted its stake in shares of REX AI Equity Premium Income ETF by 186.2% in the second quarter. SBI Securities Co. Ltd. now owns 14,345 shares of the company’s stock worth $622,000 after buying an additional 9,332 shares in the last quarter. CoreCap Advisors LLC lifted its position in REX AI Equity Premium Income ETF by 45.1% in the 3rd quarter. CoreCap Advisors LLC now owns 6,057 shares of the company’s stock valued at $255,000 after acquiring an additional 1,882 shares in the last quarter. Finally, ORG Partners LLC purchased a new stake in REX AI Equity Premium Income ETF during the 4th quarter valued at $60,000.

REX AI Equity Premium Income ETF Stock Up 0.4%

AIPI stock opened at $40.09 on Wednesday. REX AI Equity Premium Income ETF has a twelve month low of $33.68 and a twelve month high of $50.67. The firm has a market cap of $416.94 million, a PE ratio of 41.65 and a beta of 1.10. The business has a 50 day moving average of $40.64 and a 200 day moving average of $42.02.

REX AI Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, January 29th. Stockholders of record on Wednesday, January 28th will be issued a dividend of $1.162 per share. The ex-dividend date is Wednesday, January 28th. This represents a c) annualized dividend and a dividend yield of 34.8%.

About REX AI Equity Premium Income ETF

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.