FundX Flexible ETF (NYSEARCA:XFLX) Stock Short Interest Falls 83.8%

FundX Flexible ETF (NYSEARCA:XFLX) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 813 shares, a drop of 83.8% from the September 30th total of 5,012 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,307 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of FundX Flexible ETF

An institutional investor recently raised its stake in FundX Flexible ETF stock. Royal Bank of Canada lifted its holdings in FundX Flexible ETF (NYSEARCA:XFLX) by 75.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,438 shares of the company’s stock after buying an additional 4,070 shares during the period. Royal Bank of Canada owned about 0.43% of FundX Flexible ETF worth $210,000 as of its most recent SEC filing.

FundX Flexible ETF Stock Up 0.0%

Shares of XFLX stock traded up $0.00 during trading hours on Thursday, reaching $22.58. 9 shares of the stock traded hands, compared to its average volume of 8,338. FundX Flexible ETF has a 1-year low of $22.02 and a 1-year high of $24.75. The business has a fifty day moving average price of $22.62 and a 200 day moving average price of $22.57. The firm has a market capitalization of $49.90 million, a PE ratio of 19.43 and a beta of 0.24.

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.