FundX ETF (NYSEARCA:XCOR) Sees Significant Increase in Short Interest

FundX ETF (NYSEARCA:XCOR) was the recipient of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 406 shares, a growth of 782.6% from the October 15th total of 46 shares. Based on an average trading volume of 825 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the company’s stock are sold short.

FundX ETF Trading Down 0.5%

Shares of NYSEARCA XCOR traded down $0.39 during midday trading on Thursday, hitting $85.46. The stock had a trading volume of 714 shares, compared to its average volume of 1,629. The business’s 50 day moving average is $88.19 and its 200-day moving average is $85.64. FundX ETF has a 52 week low of $74.07 and a 52 week high of $91.76.

Hedge Funds Weigh In On FundX ETF

A hedge fund recently bought a new stake in FundX ETF stock. Basso Capital Management L.P. acquired a new position in FundX ETF (NYSEARCA:XCOR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 67,576 shares of the company’s stock, valued at approximately $6,059,000. FundX ETF makes up approximately 1.3% of Basso Capital Management L.P.’s holdings, making the stock its 19th largest position. Basso Capital Management L.P. owned approximately 3.28% of FundX ETF as of its most recent filing with the Securities and Exchange Commission.

About FundX ETF

The fundX ETF (XCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that provides broad exposure to stocks from around the world of various market capitalization that are perceived to be in sync with market leaders. XCOR was launched on Nov 1, 2001 and is managed by FundX.