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

FundX Conservative ETF (NYSEARCA:XRLX) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 165 shares, a decrease of 54.4% from the September 30th total of 362 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,083 shares, the days-to-cover ratio is presently 0.2 days.

FundX Conservative ETF Stock Down 1.5%

Shares of NYSEARCA:XRLX traded down $0.75 during trading on Friday, reaching $47.89. 7 shares of the company traded hands, compared to its average volume of 1,620. The firm has a fifty day simple moving average of $48.93 and a 200 day simple moving average of $47.79. The firm has a market cap of $45.97 million, a P/E ratio of 27.26 and a beta of 0.70. FundX Conservative ETF has a 1-year low of $43.84 and a 1-year high of $49.91.

FundX Conservative ETF Company Profile

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.