Short Interest in Alexis Practical Tactical ETF (NASDAQ:LEXI) Expands By 158.4%

Alexis Practical Tactical ETF (NASDAQ:LEXI) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 33,882 shares, a growth of 158.4% from the April 15th total of 13,113 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average trading volume of 11,798 shares, the days-to-cover ratio is presently 2.9 days.

Alexis Practical Tactical ETF Price Performance

Shares of NASDAQ:LEXI traded down $0.41 during mid-day trading on Friday, hitting $39.24. The company had a trading volume of 15,103 shares, compared to its average volume of 9,248. The firm has a fifty day moving average price of $36.95 and a 200 day moving average price of $36.39. The company has a market capitalization of $173.44 million, a PE ratio of -17.84 and a beta of 0.88. Alexis Practical Tactical ETF has a one year low of $30.74 and a one year high of $39.67.

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.