FundX Flexible ETF (NYSEARCA:XFLX – Get Free Report) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 1,191 shares, an increase of 438.9% from the July 30th total of 221 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 840 shares, the days-to-cover ratio is presently 1.4 days.
FundX Flexible ETF Price Performance
Shares of XFLX stock remained flat at $22.78 during trading hours on Thursday. 1,288 shares of the stock were exchanged, compared to its average volume of 10,109. The firm has a market capitalization of $50.57 million, a price-to-earnings ratio of 19.43 and a beta of 0.23. FundX Flexible ETF has a twelve month low of $22.02 and a twelve month high of $24.75. The firm has a fifty day moving average of $22.68 and a two-hundred day moving average of $22.57.
Institutional Trading of FundX Flexible ETF
A hedge fund recently raised its position in FundX Flexible ETF stock. Royal Bank of Canada raised its stake in FundX Flexible ETF (NYSEARCA:XFLX – Free Report) by 27.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,368 shares of the company’s stock after purchasing an additional 1,158 shares during the period. Royal Bank of Canada owned approximately 0.25% of FundX Flexible ETF worth $120,000 as of its most recent SEC filing.
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.
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