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

FundX Aggressive ETF (NYSEARCA:XNAV) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 2,089 shares, a growth of 8,982.6% from the July 30th total of 23 shares. Based on an average daily volume of 4,336 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.6% of the shares of the stock are sold short.

FundX Aggressive ETF Price Performance

XNAV opened at $90.80 on Wednesday. The firm has a market cap of $30.87 million, a P/E ratio of 23.50 and a beta of 1.13. FundX Aggressive ETF has a 1-year low of $73.48 and a 1-year high of $100.67. The company has a 50 day simple moving average of $92.47 and a two-hundred day simple moving average of $90.55.

Institutional Inflows and Outflows

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

FundX Aggressive ETF Company Profile

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.