Short Interest in FundX Flexible ETF (NYSEARCA:XFLX) Decreases By 96.0%

FundX Flexible ETF (NYSEARCA:XFLXGet Free Report) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 466 shares, a decrease of 96.0% from the June 30th total of 11,750 shares. Based on an average daily volume of 4,779 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On FundX Flexible ETF

An institutional investor recently raised its stake in FundX Flexible ETF stock. Royal Bank of Canada grew its stake in shares of FundX Flexible ETF (NYSEARCA:XFLXFree Report) by 27.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,368 shares of the company’s stock after buying an additional 1,158 shares during the quarter. Royal Bank of Canada owned about 0.25% of FundX Flexible ETF worth $120,000 as of its most recent filing with the Securities and Exchange Commission.

FundX Flexible ETF Price Performance

Shares of XFLX traded up $0.01 during trading hours on Friday, reaching $22.57. 88 shares of the company’s stock traded hands, compared to its average volume of 11,455. FundX Flexible ETF has a twelve month low of $22.02 and a twelve month high of $24.75. The business’s fifty day simple moving average is $22.63 and its two-hundred day simple moving average is $22.54. The firm has a market capitalization of $50.11 million, a price-to-earnings ratio of 19.43 and a beta of 0.23.

About FundX Flexible ETF

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The fundX Flexible ETF (XFLX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that seeks total return through a portfolio of fixed income securities perceived to be in sync with market leaders. The fund invests in US and non-US bonds of any credit quality and maturity. XFLX was launched on Jan 7, 2002 and is issued by FundX.

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