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

FundX Flexible ETF (NYSEARCA:XFLX) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 466 shares, a drop of 96.0% from the June 30th total of 11,750 shares. Based on an average trading volume of 4,779 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On FundX Flexible ETF

An institutional investor recently raised its stake in FundX Flexible ETF stock. Royal Bank of Canada grew its holdings in shares of FundX Flexible ETF (NYSEARCA:XFLX) by 27.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,368 shares of the company’s stock after purchasing an additional 1,158 shares during the period. Royal Bank of Canada owned approximately 0.25% of FundX Flexible ETF worth $120,000 at the end of the most recent reporting period.

FundX Flexible ETF Trading Up 0.0%

Shares of NYSEARCA:XFLX traded up $0.01 during midday trading on Friday, hitting $22.57. The stock had a trading volume of 88 shares, compared to its average volume of 11,455. The company has a market capitalization of $50.11 million, a PE ratio of 19.43 and a beta of 0.23. The stock has a 50 day moving average price of $22.63 and a two-hundred day moving average price of $22.54. FundX Flexible ETF has a 1 year low of $22.02 and a 1 year high of $24.75.

About FundX Flexible ETF

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.