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

FundX Conservative ETF (NYSEARCA:XRLX) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 116 shares, a decrease of 69.6% from the June 15th total of 381 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,899 shares, the days-to-cover ratio is currently 0.0 days.

FundX Conservative ETF Trading Up 0.2%

Shares of NYSEARCA XRLX traded up $0.11 during midday trading on Friday, hitting $49.06. The company’s stock had a trading volume of 32 shares, compared to its average volume of 1,599. The business’s 50 day moving average is $48.86 and its two-hundred day moving average is $47.10. FundX Conservative ETF has a 12-month low of $43.84 and a 12-month high of $49.91. The firm has a market cap of $49.06 million, a P/E ratio of 27.26 and a beta of 0.69.

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.