Short Interest in FundX Conservative ETF (NYSEARCA:XRLX) Declines By 53.9%

FundX Conservative ETF (NYSEARCA:XRLX) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 154 shares, a decline of 53.9% from the August 15th total of 334 shares. Based on an average daily trading volume, of 425 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

FundX Conservative ETF Stock Performance

Shares of XRLX opened at $48.87 on Monday. The company’s 50 day simple moving average is $48.74 and its 200-day simple moving average is $47.82. The firm has a market cap of $48.87 million, a PE ratio of 27.26 and a beta of 0.70. 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.