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

FundX Aggressive ETF (NYSEARCA:XNAV) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 5,592 shares, an increase of 137.4% from the May 31st total of 2,356 shares. Based on an average daily trading volume, of 722 shares, the short-interest ratio is currently 7.7 days. Approximately 1.6% of the company’s stock are sold short.

Hedge Funds Weigh In On FundX Aggressive ETF

An institutional investor recently bought a new position in FundX Aggressive ETF stock. Citadel Advisors LLC purchased a new position in FundX Aggressive ETF (NYSEARCA:XNAV) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,253 shares of the company’s stock, valued at approximately $725,000. Citadel Advisors LLC owned approximately 2.64% of FundX Aggressive ETF at the end of the most recent reporting period.

FundX Aggressive ETF Price Performance

NYSEARCA:XNAV remained flat at $93.86 during trading hours on Monday. The company’s stock had a trading volume of 1,523 shares, compared to its average volume of 445. The firm has a 50-day moving average price of $95.43 and a 200-day moving average price of $88.10. FundX Aggressive ETF has a 1-year low of $71.29 and a 1-year high of $100.67. The firm has a market capitalization of $31.91 million, a PE ratio of 23.50 and a beta of 1.10.

About FundX Aggressive ETF

The fundX Aggressive ETF (XNAV) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, global fund-of-funds that primarily invests in sector and aggressive equity ETFs based on global market trends. XNAV was launched on Jul 1, 2002 and is managed by FundX.