FundX Aggressive ETF (NYSEARCA:XNAV) Short Interest Up 137.4% in June

FundX Aggressive ETF (NYSEARCA:XNAV) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 5,592 shares, a growth of 137.4% from the May 31st total of 2,356 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average daily volume of 722 shares, the days-to-cover ratio is presently 7.7 days.

Hedge Funds Weigh In On FundX Aggressive ETF

An institutional investor recently bought a new position in FundX Aggressive ETF stock. Citadel Advisors LLC bought a new stake in FundX Aggressive ETF (NYSEARCA:XNAV) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 9,253 shares of the company’s stock, valued at approximately $725,000. Citadel Advisors LLC owned approximately 2.64% of FundX Aggressive ETF as of its most recent SEC filing.

FundX Aggressive ETF Stock Performance

Shares of NYSEARCA XNAV remained flat at $97.55 during mid-day trading on Wednesday. The company had a trading volume of 31 shares, compared to its average volume of 438. FundX Aggressive ETF has a 1-year low of $71.43 and a 1-year high of $100.67. The firm has a market cap of $33.17 million, a PE ratio of 23.50 and a beta of 1.10. The firm’s 50 day simple moving average is $95.70 and its 200 day simple moving average is $88.31.

About FundX Aggressive ETF

The fundX Aggressive ETF (XNAV) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, global fund-of-funds that primarily invests in sector and aggressive equity ETFs based on global market trends. XNAV was launched on Jul 1, 2002 and is managed by FundX.