Short Interest in FundX Flexible ETF (NYSEARCA:XFLX) Expands By 180.7%

FundX Flexible ETF (NYSEARCA:XFLX) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 612 shares, a growth of 180.7% from the April 30th total of 218 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 6,184 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

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

FundX Flexible ETF Trading Up 0.0%

Shares of FundX Flexible ETF stock traded up $0.01 during trading on Friday, hitting $22.67. 235 shares of the stock were exchanged, compared to its average volume of 13,781. The stock has a market capitalization of $49.65 million, a price-to-earnings ratio of 19.43 and a beta of 0.24. The company has a fifty day moving average price of $22.46 and a 200-day moving average price of $23.01. FundX Flexible ETF has a 1-year low of $22.02 and a 1-year high of $24.75.

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.