FundX Flexible ETF (NYSEARCA:XFLX) Short Interest Update

FundX Flexible ETF (NYSEARCA:XFLX) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 11,750 shares, a growth of 5,775.0% from the June 15th total of 200 shares. Based on an average daily trading volume, of 10,455 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Investors Weigh In On FundX Flexible ETF

An institutional investor recently raised its stake in FundX Flexible ETF stock. Royal Bank of Canada increased its stake in shares of FundX Flexible ETF (NYSEARCA:XFLX) by 27.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 5,368 shares of the company’s stock after acquiring 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 Price Performance

NYSEARCA:XFLX traded down $0.01 during trading hours on Friday, reaching $22.67. 26 shares of the company were exchanged, compared to its average volume of 12,325. The firm has a market cap of $49.65 million, a price-to-earnings ratio of 19.43 and a beta of 0.23. FundX Flexible ETF has a 52-week low of $22.02 and a 52-week high of $24.75. The stock has a 50 day simple moving average of $22.61 and a 200 day simple moving average of $22.63.

FundX Flexible ETF Company Profile

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.