FundX ETF (NYSEARCA:XCOR) Sees Significant Increase in Short Interest

FundX ETF (NYSEARCA:XCOR) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 46 shares. Based on an average trading volume of 797 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

FundX ETF Price Performance

XCOR stock traded down $2.34 during midday trading on Friday, hitting $85.74. 97 shares of the company’s stock were exchanged, compared to its average volume of 1,665. The firm has a 50 day moving average price of $88.81 and a 200-day moving average price of $85.50. FundX ETF has a 12-month low of $74.07 and a 12-month high of $91.76.

Institutional Trading of FundX ETF

A hedge fund recently bought a new position in FundX ETF stock. Basso Capital Management L.P. purchased a new stake in FundX ETF (NYSEARCA:XCOR) in the third quarter, according to its most recent filing with the SEC. The fund purchased 67,576 shares of the company’s stock, valued at approximately $6,059,000. FundX ETF comprises 1.3% of Basso Capital Management L.P.’s portfolio, making the stock its 19th biggest position. Basso Capital Management L.P. owned approximately 3.28% of FundX ETF as of its most recent filing with the SEC.

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.