Short Interest in Alexis Practical Tactical ETF (NASDAQ:LEXI) Drops By 21.2%

Alexis Practical Tactical ETF (NASDAQ:LEXI) saw a large decrease in short interest in February. As of February 27th, there was short interest totaling 73,166 shares, a decrease of 21.2% from the February 12th total of 92,802 shares. Based on an average trading volume of 4,615 shares, the short-interest ratio is currently 15.9 days. Currently, 1.6% of the company’s stock are sold short. Currently, 1.6% of the company’s stock are sold short. Based on an average trading volume of 4,615 shares, the short-interest ratio is currently 15.9 days.

Alexis Practical Tactical ETF Stock Performance

NASDAQ:LEXI traded up $0.10 during trading hours on Tuesday, reaching $35.93. The company’s stock had a trading volume of 2,087 shares, compared to its average volume of 7,835. The company has a market capitalization of $164.20 million, a P/E ratio of -16.33 and a beta of 0.88. Alexis Practical Tactical ETF has a 12 month low of $26.06 and a 12 month high of $37.36. The stock has a 50 day moving average price of $36.59 and a two-hundred day moving average price of $35.62.

Alexis Practical Tactical ETF Dividend Announcement

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