Short Interest in Alexis Practical Tactical ETF (NASDAQ:LEXI) Increases By 86.7%

Alexis Practical Tactical ETF (NASDAQ:LEXI) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 92,802 shares, an increase of 86.7% from the January 29th total of 49,710 shares. Approximately 2.0% of the shares of the company are sold short. Based on an average daily volume of 9,728 shares, the days-to-cover ratio is presently 9.5 days. Based on an average daily volume of 9,728 shares, the days-to-cover ratio is presently 9.5 days. Approximately 2.0% of the shares of the company are sold short.

Alexis Practical Tactical ETF Stock Down 0.5%

Shares of NASDAQ:LEXI opened at $36.94 on Monday. The stock has a market capitalization of $168.82 million, a PE ratio of -16.79 and a beta of 0.88. The firm’s 50 day moving average price is $36.59 and its 200-day moving average price is $35.40. Alexis Practical Tactical ETF has a twelve month low of $26.06 and a twelve month high of $37.36.

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 dividend of $0.336 per share. This represents a dividend yield of 94.0%. The ex-dividend date was Wednesday, December 31st. Alexis Practical Tactical ETF’s dividend payout ratio (DPR) is currently -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.