FundX Flexible ETF (NYSEARCA:XFLX) Stock Short Interest Falls 84.6%

FundX Flexible ETF (NYSEARCA:XFLX) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 224 shares, a decline of 84.6% from the August 31st total of 1,450 shares. Based on an average daily volume of 1,296 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

FundX Flexible ETF Trading Up 0.0%

Shares of NYSEARCA:XFLX traded up $0.01 during mid-day trading on Friday, reaching $22.59. The stock had a trading volume of 977 shares, compared to its average volume of 9,090. The company has a market cap of $49.47 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. The business’s 50 day moving average price is $22.68 and its 200 day moving average price is $22.58.

Institutional Trading of FundX Flexible ETF

An institutional investor recently raised its position in FundX Flexible ETF stock. Royal Bank of Canada grew its position in shares of FundX Flexible ETF (NYSEARCA:XFLX) by 75.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 9,438 shares of the company’s stock after acquiring an additional 4,070 shares during the quarter. Royal Bank of Canada owned about 0.43% of FundX Flexible ETF worth $210,000 at the end of the most recent reporting period.

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.