Short Interest in Alexis Practical Tactical ETF (NASDAQ:LEXI) Grows By 146.4%

Alexis Practical Tactical ETF (NASDAQ:LEXI) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 37,180 shares, a growth of 146.4% from the August 15th total of 15,089 shares. Based on an average daily trading volume, of 9,151 shares, the short-interest ratio is presently 4.1 days. Approximately 0.8% of the company’s shares are short sold.

Alexis Practical Tactical ETF Stock Performance

LEXI traded down $0.28 during trading on Monday, reaching $40.19. 16,625 shares of the company’s stock were exchanged, compared to its average volume of 10,194. The company’s fifty day moving average price is $40.55 and its 200-day moving average price is $39.00. The firm has a market capitalization of $200.91 million, a PE ratio of -18.27 and a beta of 0.87. Alexis Practical Tactical ETF has a fifty-two week low of $34.23 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.