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

FundX Conservative ETF (NYSEARCA:XRLX) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 615 shares, a growth of 91.6% from the July 15th total of 321 shares. Based on an average daily volume of 923 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the shares of the stock are short sold.

FundX Conservative ETF Stock Performance

Shares of NYSEARCA:XRLX opened at $49.55 on Tuesday. The stock has a market capitalization of $49.55 million, a price-to-earnings 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. The company has a 50 day moving average price of $48.75 and a 200 day moving average price of $47.48.

About FundX Conservative ETF

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.