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

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

Alexis Practical Tactical ETF Stock Up 0.2%

Shares of Alexis Practical Tactical ETF stock traded up $0.08 on Friday, hitting $36.74. 6,151 shares of the company’s stock traded hands, compared to its average volume of 9,392. Alexis Practical Tactical ETF has a 52-week low of $26.06 and a 52-week high of $37.26. The stock has a market cap of $167.90 million, a P/E ratio of -16.70 and a beta of 0.88. The firm’s 50-day moving average is $36.36 and its 200 day moving average is $35.09.

Alexis Practical Tactical ETF Dividend Announcement

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

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 grew its stake in Alexis Practical Tactical ETF (NASDAQ:LEXI) by 3.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,832,173 shares of the company’s stock after purchasing an additional 102,602 shares during the quarter. Alexis Practical Tactical ETF makes up approximately 39.4% of Alexis Investment Partners LLC’s holdings, making the stock its biggest holding. Alexis Investment Partners LLC owned about 74.14% of Alexis Practical Tactical ETF worth $91,536,000 at the end of the most recent reporting period.

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.