FundX Flexible ETF (NYSEARCA:XFLX) Short Interest Update

FundX Flexible ETF (NYSEARCA:XFLX) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 218 shares, a drop of 79.9% from the April 15th total of 1,086 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,472 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On FundX Flexible ETF

A hedge fund recently raised its stake in FundX Flexible ETF stock. Royal Bank of Canada boosted its holdings in shares of FundX Flexible ETF (NYSEARCA:XFLX) by 27.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,368 shares of the company’s stock after acquiring an additional 1,158 shares during the quarter. 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 Stock Performance

Shares of XFLX opened at $22.60 on Tuesday. The firm has a market cap of $49.49 million, a PE ratio of 19.43 and a beta of 0.24. The firm’s 50 day moving average price is $22.43 and its 200 day moving average price is $23.19. FundX Flexible ETF has a twelve month low of $22.02 and a twelve month high of $24.75.

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.