FundX ETF (NYSEARCA:XCOR) Stock Short Interest Rises 782.6%

FundX ETF (NYSEARCA:XCOR) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 406 shares, an increase of 782.6% from the October 15th total of 46 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 825 shares, the days-to-cover ratio is currently 0.5 days.

FundX ETF Stock Performance

XCOR stock opened at $85.46 on Friday. FundX ETF has a fifty-two week low of $74.07 and a fifty-two week high of $91.76. The business’s 50 day moving average price is $88.14 and its two-hundred day moving average price is $85.66. The company has a market capitalization of $176.05 million, a price-to-earnings ratio of 21.86 and a beta of 1.06.

Hedge Funds Weigh In On FundX ETF

An institutional investor recently bought a new position in FundX ETF stock. Basso Capital Management L.P. purchased a new position in FundX ETF (NYSEARCA:XCOR) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 67,576 shares of the company’s stock, valued at approximately $6,059,000. FundX ETF makes up 1.3% of Basso Capital Management L.P.’s portfolio, making the stock its 19th biggest holding. Basso Capital Management L.P. owned about 3.28% of FundX ETF as of its most recent filing with the Securities and Exchange Commission.

About FundX ETF

The fundX ETF (XCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that provides broad exposure to stocks from around the world of various market capitalization that are perceived to be in sync with market leaders. XCOR was launched on Nov 1, 2001 and is managed by FundX.