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

Alexis Practical Tactical ETF (NASDAQ:LEXI) was the target of a significant growth in short interest during 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 daily trading volume, of 9,151 shares, the short-interest ratio is currently 4.1 days. Approximately 0.8% of the company’s shares are sold short.

Alexis Practical Tactical ETF Trading Down 0.3%

LEXI stock traded down $0.14 during midday trading on Tuesday, hitting $40.05. The stock had a trading volume of 151 shares, compared to its average volume of 10,137. The firm has a market cap of $200.21 million, a P/E ratio of -18.20 and a beta of 0.87. The business has a fifty day moving average price of $40.55 and a two-hundred day moving average price of $39.00. Alexis Practical Tactical ETF has a 1-year low of $34.23 and a 1-year high of $41.36.

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.