FundX Conservative ETF (NYSEARCA:XRLX) Sees Large Growth in Short Interest

FundX Conservative ETF (NYSEARCA:XRLX) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 321 shares, an increase of 176.7% from the June 30th total of 116 shares. Based on an average daily volume of 666 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are sold short.

FundX Conservative ETF Stock Performance

NYSEARCA:XRLX traded down $0.21 during mid-day trading on Tuesday, hitting $47.62. The company had a trading volume of 5,085 shares, compared to its average volume of 1,537. FundX Conservative ETF has a fifty-two week low of $43.84 and a fifty-two week high of $49.91. The business’s fifty day moving average is $48.84 and its two-hundred day moving average is $47.21. The firm has a market cap of $47.62 million, a P/E ratio of 27.26 and a beta of 0.69.

FundX Conservative ETF Company Profile

The fundX Investment Conservative ETF (XRLX) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through a conservative portfolio of equity and fixed income securities perceived to be in sync with market leaders. XRLX was launched on Jan 7, 2002 and is issued by FundX.