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

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

Alexis Practical Tactical ETF Price Performance

NASDAQ LEXI traded down $0.33 during trading hours on Tuesday, reaching $40.36. 15,342 shares of the stock traded hands, compared to its average volume of 10,082. The stock has a 50 day simple moving average of $40.50 and a two-hundred day simple moving average of $38.74. Alexis Practical Tactical ETF has a 1 year low of $33.14 and a 1 year high of $41.36. The company has a market cap of $187.27 million, a price-to-earnings ratio of -18.35 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.