FundX Conservative ETF (NYSEARCA:XRLX) Sees Significant Decline in Short Interest

FundX Conservative ETF (NYSEARCA:XRLX) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 165 shares, a decline of 54.4% from the September 30th total of 362 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,083 shares, the days-to-cover ratio is presently 0.2 days.

FundX Conservative ETF Trading Down 1.5%

NYSEARCA XRLX traded down $0.75 during trading hours on Friday, hitting $47.89. The company’s stock had a trading volume of 7 shares, compared to its average volume of 1,620. The company’s 50-day simple moving average is $48.91 and its two-hundred day simple moving average is $47.79. The company has a market capitalization of $45.02 million, a PE ratio of 27.26 and a beta of 0.70. FundX Conservative ETF has a 52 week low of $43.84 and a 52 week high of $49.91.

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.