FundX Flexible ETF (NYSEARCA:XFLX) Short Interest Up 180.7% in May

FundX Flexible ETF (NYSEARCA:XFLX) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 612 shares, a growth of 180.7% from the April 30th total of 218 shares. Based on an average daily volume of 6,184 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On 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 27.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,368 shares of the company’s stock after purchasing an additional 1,158 shares during the period. Royal Bank of Canada owned 0.25% of FundX Flexible ETF worth $120,000 at the end of the most recent quarter.

FundX Flexible ETF Trading Up 0.0%

Shares of FundX Flexible ETF stock traded up $0.01 during mid-day trading on Friday, hitting $22.67. 235 shares of the stock were exchanged, compared to its average volume of 13,781. FundX Flexible ETF has a twelve month low of $22.02 and a twelve month high of $24.75. The stock has a market capitalization of $49.65 million, a price-to-earnings ratio of 19.43 and a beta of 0.24. The company has a 50-day simple moving average of $22.46 and a 200 day simple moving average of $23.01.

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.