Short Interest in FundX Flexible ETF (NYSEARCA:XFLX) Grows By 5,775.0%

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

FundX Flexible ETF Trading Down 0.0%

Shares of NYSEARCA:XFLX traded down $0.01 during trading on Friday, hitting $22.67. 26 shares of the company’s stock were exchanged, compared to its average volume of 12,325. FundX Flexible ETF has a 1-year low of $22.02 and a 1-year high of $24.75. The firm has a 50-day moving average price of $22.61 and a two-hundred day moving average price of $22.63. The firm has a market cap of $49.65 million, a P/E ratio of 19.43 and a beta of 0.23.

Institutional Trading of FundX Flexible ETF

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

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.