Short Interest in FundX Conservative ETF (NYSEARCA:XRLX) Drops By 54.5%

FundX Conservative ETF (NYSEARCA:XRLX) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 255 shares, a drop of 54.5% from the April 15th total of 560 shares. Based on an average daily volume of 1,608 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

FundX Conservative ETF Stock Down 1.0%

Shares of XRLX stock traded down $0.48 during mid-day trading on Friday, hitting $48.45. 849 shares of the company’s stock were exchanged, compared to its average volume of 1,307. FundX Conservative ETF has a fifty-two week low of $42.42 and a fifty-two week high of $49.02. The stock has a 50-day simple moving average of $46.27 and a two-hundred day simple moving average of $46.50. The stock has a market cap of $52.33 million, a price-to-earnings ratio of 27.26 and a beta of 0.69.

FundX Conservative ETF Company Profile

The fundX Investment Conservative ETF (XRLX) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through a conservative portfolio of equity and fixed income securities perceived to be in sync with market leaders. XRLX was launched on Jan 7, 2002 and is issued by FundX.