FundX Flexible ETF (NYSEARCA:XFLX) Stock Short Interest Declines 84.6%

by · The Markets Daily

FundX Flexible ETF (NYSEARCA:XFLX – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 224 shares, a drop of 84.6% from the August 31st total of 1,450 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,296 shares, the short-interest ratio is presently 0.2 days.

FundX Flexible ETF Trading Down 0.1%

XFLX stock traded down $0.02 during trading on Friday, hitting $22.56. The company had a trading volume of 2,045 shares, compared to its average volume of 9,134. The business has a 50-day moving average of $22.68 and a 200-day moving average of $22.58. FundX Flexible ETF has a one year low of $22.02 and a one year high of $24.75. The stock has a market cap of $49.40 million, a PE ratio of 19.43 and a beta of 0.23.

Institutional Investors Weigh In On FundX Flexible ETF

A hedge fund recently raised its position in FundX Flexible ETF stock. Royal Bank of Canada boosted its holdings in FundX Flexible ETF (NYSEARCA:XFLX – Free Report) by 75.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,438 shares of the company’s stock after acquiring an additional 4,070 shares during the quarter. Royal Bank of Canada owned 0.43% of FundX Flexible ETF worth $210,000 at the end of the most recent quarter.

About FundX Flexible ETF

(Get Free Report)

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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