Alexis Practical Tactical ETF (NASDAQ:LEXI) Short Interest Up 85.3% in June

Alexis Practical Tactical ETF (NASDAQ:LEXI) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 51,109 shares, a growth of 85.3% from the May 31st total of 27,580 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 11,647 shares, the days-to-cover ratio is presently 4.4 days.

Alexis Practical Tactical ETF Stock Down 0.2%

LEXI stock traded down $0.10 during midday trading on Friday, hitting $40.24. The company’s stock had a trading volume of 14,410 shares, compared to its average volume of 9,734. The stock has a market cap of $182.69 million, a price-to-earnings ratio of -18.29 and a beta of 0.87. The stock’s 50-day moving average price is $39.61 and its 200 day moving average price is $37.51. Alexis Practical Tactical ETF has a 1 year low of $32.39 and a 1 year high of $40.69.

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.