FundX Conservative ETF (NYSEARCA:XRLX) Sees Significant Decline in Short Interest

FundX Conservative ETF (NYSEARCA:XRLX) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 116 shares, a drop of 69.6% from the June 15th total of 381 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 6,899 shares, the days-to-cover ratio is presently 0.0 days.

FundX Conservative ETF Price Performance

Shares of NYSEARCA:XRLX traded down $0.17 during midday trading on Monday, hitting $48.78. The company had a trading volume of 110 shares, compared to its average volume of 1,599. The company has a market cap of $48.78 million, a price-to-earnings ratio of 27.26 and a beta of 0.69. FundX Conservative ETF has a 12-month low of $43.84 and a 12-month high of $49.91. The company has a fifty day moving average of $48.86 and a two-hundred day moving average of $47.10.

About FundX Conservative ETF

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.