Short Interest in Alexis Practical Tactical ETF (NASDAQ:LEXI) Drops By 41.6%

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

Alexis Practical Tactical ETF Price Performance

NASDAQ LEXI opened at $40.36 on Wednesday. Alexis Practical Tactical ETF has a 1 year low of $33.14 and a 1 year high of $41.36. The company’s 50 day simple moving average is $40.51 and its two-hundred day simple moving average is $38.76. The stock has a market capitalization of $187.27 million, a PE ratio of -18.35 and a beta of 0.87.

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.