Short Interest in FundX Aggressive ETF (NYSEARCA:XNAV) Expands By 137.4%

FundX Aggressive ETF (NYSEARCA:XNAV) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,592 shares, an increase of 137.4% from the May 31st total of 2,356 shares. Approximately 1.6% of the shares of the company are sold short. Based on an average daily trading volume, of 722 shares, the days-to-cover ratio is presently 7.7 days.

FundX Aggressive ETF Price Performance

FundX Aggressive ETF stock traded up $2.00 during midday trading on Tuesday, hitting $97.55. The company’s stock had a trading volume of 31 shares, compared to its average volume of 438. FundX Aggressive ETF has a 1-year low of $71.43 and a 1-year high of $100.67. The company has a 50-day moving average price of $95.70 and a two-hundred day moving average price of $88.31. The company has a market cap of $33.17 million, a price-to-earnings ratio of 23.50 and a beta of 1.10.

Institutional Investors Weigh In On FundX Aggressive ETF

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

FundX Aggressive ETF Company Profile

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.