Alexis Practical Tactical ETF (NASDAQ:LEXI) Short Interest Update

Alexis Practical Tactical ETF (NASDAQ:LEXI) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 30,395 shares, a growth of 44.1% from the December 31st total of 21,099 shares. Based on an average trading volume of 9,619 shares, the short-interest ratio is currently 3.2 days. Currently, 0.7% of the company’s stock are short sold. Currently, 0.7% of the company’s stock are short sold. Based on an average trading volume of 9,619 shares, the short-interest ratio is currently 3.2 days.

Institutional Investors Weigh In On Alexis Practical Tactical ETF

An institutional investor recently raised its position in Alexis Practical Tactical ETF stock. Alexis Investment Partners LLC boosted its stake in shares of Alexis Practical Tactical ETF (NASDAQ:LEXI) by 3.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,832,173 shares of the company’s stock after purchasing an additional 102,602 shares during the quarter. Alexis Practical Tactical ETF comprises approximately 39.4% of Alexis Investment Partners LLC’s investment portfolio, making the stock its biggest position. Alexis Investment Partners LLC owned about 74.14% of Alexis Practical Tactical ETF worth $91,536,000 as of its most recent SEC filing.

Alexis Practical Tactical ETF Stock Down 1.4%

NASDAQ:LEXI opened at $36.60 on Friday. Alexis Practical Tactical ETF has a twelve month low of $26.06 and a twelve month high of $37.12. The stock’s 50 day moving average price is $36.11 and its two-hundred day moving average price is $34.84. The firm has a market capitalization of $152.99 million, a price-to-earnings ratio of -16.64 and a beta of 0.88.

Alexis Practical Tactical ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 31st were paid a $0.336 dividend. This represents a yield of 94.0%. The ex-dividend date was Wednesday, December 31st. Alexis Practical Tactical ETF’s dividend payout ratio (DPR) is -29.55%.

Alexis Practical Tactical ETF Company Profile

The Alexis Practical Tactical ETF (LEXI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund whose exposure varies among asset classes depending on market conditions and fund advisers assessment of multiple factors. LEXI was launched on Jun 30, 2021 and is issued by Alexis.