FundX Flexible ETF (NYSEARCA:XFLX) Short Interest Update

FundX Flexible ETF (NYSEARCA:XFLX) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 221 shares, a decline of 52.6% from the July 15th total of 466 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 454 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On FundX Flexible ETF

A hedge fund recently raised its position in FundX Flexible ETF stock. Royal Bank of Canada raised its stake in FundX Flexible ETF (NYSEARCA:XFLX) by 75.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,438 shares of the company’s stock after acquiring an additional 4,070 shares during the quarter. Royal Bank of Canada owned about 0.43% of FundX Flexible ETF worth $210,000 at the end of the most recent reporting period.

FundX Flexible ETF Stock Down 0.1%

Shares of XFLX stock traded down $0.02 on Monday, reaching $22.74. The stock had a trading volume of 2,158 shares, compared to its average volume of 10,376. FundX Flexible ETF has a 12 month low of $22.02 and a 12 month high of $24.75. The firm has a market capitalization of $50.48 million, a price-to-earnings ratio of 19.43 and a beta of 0.23. The firm’s 50-day moving average is $22.66 and its two-hundred day moving average is $22.56.

About FundX Flexible ETF

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.