Alexis Practical Tactical ETF (NASDAQ:LEXI) Sees Significant Increase in Short Interest

Alexis Practical Tactical ETF (NASDAQ:LEXI) saw 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 trading volume of 9,151 shares, the days-to-cover ratio is currently 4.1 days. Currently, 0.8% of the company’s shares are sold short.

Alexis Practical Tactical ETF Stock Up 0.7%

Shares of LEXI stock traded up $0.28 during mid-day trading on Friday, reaching $40.47. 10,977 shares of the company’s stock traded hands, compared to its average volume of 10,157. Alexis Practical Tactical ETF has a 12 month low of $34.15 and a 12 month high of $41.36. The company’s 50-day moving average price is $40.56 and its 200-day moving average price is $38.96. The company has a market cap of $187.78 million, a P/E ratio of -18.40 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.