FundX Flexible ETF (NYSEARCA:XFLX) Short Interest Down 79.9% in April

FundX Flexible ETF (NYSEARCA:XFLX) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 218 shares, a drop of 79.9% from the April 15th total of 1,086 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,472 shares, the short-interest ratio is currently 0.1 days.

FundX Flexible ETF Stock Performance

Shares of XFLX stock remained flat at $22.56 on Thursday. The stock had a trading volume of 6,484 shares, compared to its average volume of 15,257. The firm has a market cap of $49.41 million, a PE ratio of 19.43 and a beta of 0.24. FundX Flexible ETF has a 52-week low of $22.02 and a 52-week high of $24.75. The stock’s 50-day simple moving average is $22.43 and its 200 day simple moving average is $23.15.

Institutional Investors Weigh In On FundX Flexible ETF

A hedge fund recently raised its stake in FundX Flexible ETF stock. Royal Bank of Canada lifted its position in FundX Flexible ETF (NYSEARCA:XFLX) by 27.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,368 shares of the company’s stock after purchasing an additional 1,158 shares during the quarter. Royal Bank of Canada owned about 0.25% of FundX Flexible ETF worth $120,000 at the end of the most recent reporting period.

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.