Alexis Practical Tactical ETF (NASDAQ:LEXI) Short Interest Up 146.4% in August

Alexis Practical Tactical ETF (NASDAQ:LEXI – Get Free Report) was the recipient of a significant growth in short interest in 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 volume of 9,151 shares, the days-to-cover ratio is currently 4.1 days. Approximately 0.8% of the shares of the stock are sold short.

Alexis Practical Tactical ETF Price Performance

Shares of LEXI stock traded up $0.28 during trading hours on Friday, hitting $40.47. The stock had a trading volume of 10,977 shares, compared to its average volume of 10,157. Alexis Practical Tactical ETF has a one year low of $34.15 and a one year high of $41.36. The stock’s 50-day moving average price is $40.56 and its two-hundred day moving average price is $38.96. The stock has a market capitalization of $187.78 million, a price-to-earnings ratio of -18.40 and a beta of 0.87.

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Alexis Practical Tactical ETF Company Profile

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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.

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