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

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

Alexis Practical Tactical ETF Trading Down 0.5%

Shares of NASDAQ:LEXI traded down $0.19 on Friday, reaching $35.46. The company had a trading volume of 3,391 shares, compared to its average volume of 8,069. Alexis Practical Tactical ETF has a 52-week low of $26.06 and a 52-week high of $37.36. The firm’s 50 day simple moving average is $36.60 and its 200-day simple moving average is $35.59. The firm has a market capitalization of $162.05 million, a PE ratio of -16.12 and a beta of 0.88.

Alexis Practical Tactical ETF Announces Dividend

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