Alexis Practical Tactical ETF (NASDAQ:LEXI) Short Interest Up 44.1% in January

Alexis Practical Tactical ETF (NASDAQ:LEXI) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 30,395 shares, an increase 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 presently 3.2 days. Approximately 0.7% of the company’s shares are sold short. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 9,619 shares, the short-interest ratio is presently 3.2 days.

Hedge Funds Weigh In On Alexis Practical Tactical ETF

An institutional investor recently raised its position in Alexis Practical Tactical ETF stock. Alexis Investment Partners LLC increased its position in Alexis Practical Tactical ETF (NASDAQ:LEXI) by 3.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,832,173 shares of the company’s stock after buying an additional 102,602 shares during the period. Alexis Practical Tactical ETF accounts for approximately 39.4% of Alexis Investment Partners LLC’s investment portfolio, 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 Stock Performance

Shares of NASDAQ:LEXI traded up $0.21 during midday trading on Monday, reaching $36.81. The company’s stock had a trading volume of 5,546 shares, compared to its average volume of 9,055. The firm has a market capitalization of $153.87 million, a price-to-earnings ratio of -16.73 and a beta of 0.88. The firm has a 50 day moving average price of $36.15 and a two-hundred day moving average price of $34.88. Alexis Practical Tactical ETF has a fifty-two week low of $26.06 and a fifty-two week high of $37.12.

Alexis Practical Tactical ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 31st were issued 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 presently -29.55%.

About Alexis Practical Tactical ETF

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.