Short Interest in FundX Aggressive ETF (NYSEARCA:XNAV) Increases By 8,982.6%

FundX Aggressive ETF (NYSEARCA:XNAV) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 2,089 shares, an increase of 8,982.6% from the July 30th total of 23 shares. Based on an average daily trading volume, of 4,336 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Investors 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 position in shares of FundX Aggressive ETF (NYSEARCA:XNAV) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

FundX Aggressive ETF Trading Up 0.8%

NYSEARCA:XNAV traded up $0.75 during mid-day trading on Tuesday, hitting $90.80. The stock had a trading volume of 5,233 shares, compared to its average volume of 696. The stock has a 50-day simple moving average of $92.60 and a two-hundred day simple moving average of $90.51. The company has a market capitalization of $30.87 million, a PE ratio of 23.50 and a beta of 1.13. FundX Aggressive ETF has a twelve month low of $73.48 and a twelve month high of $100.67.

FundX Aggressive ETF Company Profile

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.