FundX Flexible ETF (NYSEARCA:XFLX) Short Interest Update

FundX Flexible ETF (NYSEARCA:XFLX) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 217 shares, a decline of 64.5% from the May 14th total of 612 shares. Based on an average trading volume of 60 shares, the days-to-cover ratio is presently 3.6 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FundX Flexible ETF stock. Royal Bank of Canada lifted its position in FundX Flexible ETF (NYSEARCA:XFLX) by 27.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,368 shares of the company’s stock after purchasing an additional 1,158 shares during the quarter. Royal Bank of Canada owned about 0.25% of FundX Flexible ETF worth $120,000 at the end of the most recent quarter.

FundX Flexible ETF Price Performance

Shares of XFLX stock opened at $22.66 on Friday. The company’s fifty day simple moving average is $22.55 and its two-hundred day simple moving average is $22.89. FundX Flexible ETF has a 1 year low of $22.02 and a 1 year high of $24.75. The stock has a market capitalization of $49.63 million, a price-to-earnings ratio of 19.43 and a beta of 0.24.

FundX Flexible ETF Company Profile

The fundX Flexible ETF (XFLX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that seeks total return through a portfolio of fixed income securities perceived to be in sync with market leaders. The fund invests in US and non-US bonds of any credit quality and maturity. XFLX was launched on Jan 7, 2002 and is issued by FundX.