FundX Conservative ETF (NYSEARCA:XRLX) Sees Large Growth in Short Interest

FundX Conservative ETF (NYSEARCA:XRLX) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 615 shares, a growth of 91.6% from the July 15th total of 321 shares. Based on an average daily trading volume, of 923 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are sold short.

FundX Conservative ETF Price Performance

NYSEARCA XRLX traded up $0.02 during trading hours on Monday, hitting $49.55. The company’s stock had a trading volume of 83 shares, compared to its average volume of 1,446. FundX Conservative ETF has a 12 month low of $43.84 and a 12 month high of $49.91. The company’s 50 day simple moving average is $48.74 and its two-hundred day simple moving average is $47.46. The company has a market cap of $49.55 million, a P/E ratio of 27.26 and a beta of 0.70.

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.