FundX Flexible ETF (NYSEARCA:XFLX) Short Interest Up 5,775.0% in June

FundX Flexible ETF (NYSEARCA:XFLX) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 11,750 shares, an increase of 5,775.0% from the June 15th total of 200 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 10,455 shares, the short-interest ratio is currently 1.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in FundX Flexible ETF stock. Royal Bank of Canada grew its stake in shares of FundX Flexible ETF (NYSEARCA:XFLX) by 27.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,368 shares of the company’s stock after purchasing an additional 1,158 shares during the period. Royal Bank of Canada owned approximately 0.25% of FundX Flexible ETF worth $120,000 at the end of the most recent reporting period.

FundX Flexible ETF Trading Down 0.0%

Shares of XFLX traded down $0.01 during mid-day trading on Friday, hitting $22.67. The company’s stock had a trading volume of 26 shares, compared to its average volume of 12,325. The firm has a 50-day simple moving average of $22.61 and a 200 day simple moving average of $22.63. The firm has a market capitalization of $49.65 million, a P/E ratio of 19.43 and a beta of 0.23. FundX Flexible ETF has a 1-year low of $22.02 and a 1-year high of $24.75.

FundX Flexible ETF Company Profile

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.