Short Interest in FundX Conservative ETF (NYSEARCA:XRLX) Drops By 45.7%

FundX Conservative ETF (NYSEARCA:XRLX) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 334 shares, a decline of 45.7% from the July 30th total of 615 shares. Based on an average daily trading volume, of 691 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

FundX Conservative ETF Stock Performance

NYSEARCA:XRLX traded down $0.05 during midday trading on Monday, reaching $48.89. 834 shares of the stock traded hands, compared to its average volume of 1,388. The stock has a market capitalization of $48.89 million, a P/E ratio of 27.26 and a beta of 0.70. The company has a fifty day moving average of $48.74 and a 200 day moving average of $47.64. FundX Conservative ETF has a 12 month low of $43.84 and a 12 month 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.