FundX Flexible ETF (NYSEARCA:XFLX) Short Interest Update

FundX Flexible ETF (NYSEARCA:XFLX) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 1,191 shares, an increase of 438.9% from the July 30th total of 221 shares. Based on an average daily volume of 840 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.1% of the company’s stock are sold short.

FundX Flexible ETF Price Performance

XFLX remained flat at $22.79 on Friday. The company’s stock had a trading volume of 15 shares, compared to its average volume of 10,046. The company has a 50-day simple moving average of $22.68 and a two-hundred day simple moving average of $22.57. FundX Flexible ETF has a 52 week low of $22.02 and a 52 week high of $24.75. The stock has a market cap of $50.59 million, a PE ratio of 19.43 and a beta of 0.23.

Institutional Inflows and Outflows

A hedge fund recently raised its position in FundX Flexible ETF stock. Royal Bank of Canada increased its position in shares of FundX Flexible ETF (NYSEARCA:XFLX) by 75.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,438 shares of the company’s stock after acquiring an additional 4,070 shares during the quarter. Royal Bank of Canada owned about 0.43% of FundX Flexible ETF worth $210,000 as of its most recent SEC filing.

About FundX Flexible ETF

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.