Alexis Practical Tactical ETF (NASDAQ:LEXI) Short Interest Update

Alexis Practical Tactical ETF (NASDAQ:LEXI) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 22,026 shares, a drop of 54.8% from the June 30th total of 48,731 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 17,080 shares, the short-interest ratio is currently 1.3 days.

Alexis Practical Tactical ETF Stock Down 1.3%

Shares of LEXI traded down $0.50 during trading hours on Wednesday, reaching $39.39. 5,422 shares of the company traded hands, compared to its average volume of 10,195. The business has a fifty day moving average price of $40.11 and a 200-day moving average price of $38.03. Alexis Practical Tactical ETF has a 12-month low of $32.54 and a 12-month high of $40.69. The stock has a market capitalization of $181.59 million, a P/E ratio of -17.90 and a beta of 0.87.

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.