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

Alexis Practical Tactical ETF (NASDAQ:LEXI) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 15,089 shares, a drop of 41.6% from the July 30th total of 25,847 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 9,386 shares, the days-to-cover ratio is presently 1.6 days.

Alexis Practical Tactical ETF Stock Down 0.5%

Shares of LEXI stock traded down $0.22 during trading hours on Monday, reaching $40.62. The company’s stock had a trading volume of 15,752 shares, compared to its average volume of 10,039. The firm’s 50 day simple moving average is $40.50 and its 200-day simple moving average is $38.71. The company has a market capitalization of $188.48 million, a price-to-earnings ratio of -18.46 and a beta of 0.87. Alexis Practical Tactical ETF has a fifty-two week low of $33.14 and a fifty-two week high of $41.36.

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.