Short Interest in Alexis Practical Tactical ETF (NASDAQ:LEXI) Decreases By 94.0%

Alexis Practical Tactical ETF (NASDAQ:LEXI) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,200 shares, a decrease of 94.0% from the September 15th total of 19,900 shares. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Alexis Practical Tactical ETF

An institutional investor recently raised its position in Alexis Practical Tactical ETF stock. Alexis Investment Partners LLC lifted its holdings in shares of Alexis Practical Tactical ETF (NASDAQ:LEXI) by 2.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,729,571 shares of the company’s stock after acquiring an additional 78,035 shares during the quarter. Alexis Practical Tactical ETF accounts for about 38.2% of Alexis Investment Partners LLC’s holdings, making the stock its largest position. Alexis Investment Partners LLC owned about 76.25% of Alexis Practical Tactical ETF worth $79,949,000 at the end of the most recent quarter.

Alexis Practical Tactical ETF Stock Performance

LEXI stock opened at $35.08 on Friday. Alexis Practical Tactical ETF has a 52-week low of $26.06 and a 52-week high of $35.28. The company has a market capitalization of $139.62 million, a P/E ratio of -15.95 and a beta of 0.89. The business has a 50-day simple moving average of $34.06 and a two-hundred day simple moving average of $31.98.

About Alexis Practical Tactical ETF

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.