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

Alexis Practical Tactical ETF (NASDAQ:LEXI) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 49,710 shares, an increase of 63.5% from the January 15th total of 30,395 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 8,895 shares, the short-interest ratio is presently 5.6 days. Based on an average daily trading volume, of 8,895 shares, the short-interest ratio is presently 5.6 days. Currently, 1.1% of the shares of the company are sold short.

Institutional Trading of Alexis Practical Tactical ETF

A hedge fund recently raised its stake in Alexis Practical Tactical ETF stock. Alexis Investment Partners LLC increased its position in shares of Alexis Practical Tactical ETF (NASDAQ:LEXI) by 3.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,832,173 shares of the company’s stock after purchasing an additional 102,602 shares during the period. Alexis Practical Tactical ETF accounts for about 39.4% of Alexis Investment Partners LLC’s investment portfolio, making the stock its largest holding. Alexis Investment Partners LLC owned 74.14% of Alexis Practical Tactical ETF worth $91,536,000 at the end of the most recent reporting period.

Alexis Practical Tactical ETF Price Performance

Shares of NASDAQ LEXI traded up $0.08 during midday trading on Friday, hitting $36.74. 6,151 shares of the company’s stock were exchanged, compared to its average volume of 9,392. Alexis Practical Tactical ETF has a twelve month low of $26.06 and a twelve month high of $37.26. The firm has a market cap of $167.90 million, a P/E ratio of -16.70 and a beta of 0.88. The stock’s 50 day moving average price is $36.36 and its 200-day moving average price is $35.09.

Alexis Practical Tactical ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were paid a $0.336 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a dividend yield of 94.0%. Alexis Practical Tactical ETF’s dividend payout ratio is presently -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.