Short Interest in Alexis Practical Tactical ETF (NASDAQ:LEXI) Rises By 85.3%

Alexis Practical Tactical ETF (NASDAQ:LEXI) was the recipient of a large growth in short interest during 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. Currently, 1.2% of the company’s shares are short sold. Based on an average daily volume of 11,647 shares, the days-to-cover ratio is presently 4.4 days.

Alexis Practical Tactical ETF Stock Performance

LEXI traded down $0.16 during midday trading on Thursday, reaching $40.23. 8,113 shares of the company were exchanged, compared to its average volume of 9,679. Alexis Practical Tactical ETF has a one year low of $32.39 and a one year high of $40.69. The stock has a market capitalization of $182.64 million, a P/E ratio of -18.29 and a beta of 0.87. The stock’s 50-day simple moving average is $39.57 and its 200 day simple moving average is $37.48.

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.