Short Interest in FundX Aggressive ETF (NYSEARCA:XNAV) Expands By 1,245.7%

FundX Aggressive ETF (NYSEARCA:XNAV) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 1,561 shares, a growth of 1,245.7% from the April 15th total of 116 shares. Based on an average daily volume of 195 shares, the days-to-cover ratio is currently 8.0 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Investors Weigh In On FundX Aggressive ETF

A hedge fund recently bought a new stake in FundX Aggressive ETF stock. Citadel Advisors LLC purchased a new position in shares of FundX Aggressive ETF (NYSEARCA:XNAV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,253 shares of the company’s stock, valued at approximately $725,000. Citadel Advisors LLC owned approximately 2.64% of FundX Aggressive ETF at the end of the most recent reporting period.

FundX Aggressive ETF Trading Up 0.9%

FundX Aggressive ETF stock opened at $97.15 on Tuesday. FundX Aggressive ETF has a 12 month low of $67.70 and a 12 month high of $97.35. The stock’s 50 day moving average is $86.44 and its 200-day moving average is $83.97. The company has a market capitalization of $33.03 million, a price-to-earnings ratio of 23.50 and a beta of 1.10.

About FundX Aggressive ETF

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.