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

Alexis Practical Tactical ETF (NASDAQ:LEXI) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 22,026 shares, a decline of 54.8% from the June 30th total of 48,731 shares. Based on an average trading volume of 17,080 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.5% of the company’s stock are sold short.

Alexis Practical Tactical ETF Stock Performance

Shares of NASDAQ:LEXI traded down $0.06 during trading hours on Tuesday, reaching $39.89. The stock had a trading volume of 9,263 shares, compared to its average volume of 10,221. Alexis Practical Tactical ETF has a 1 year low of $32.54 and a 1 year high of $40.69. The firm’s 50 day moving average is $40.09 and its 200-day moving average is $38.01. The stock has a market capitalization of $183.89 million, a price-to-earnings ratio of -18.13 and a beta of 0.87.

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.