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

FundX Aggressive ETF (NYSEARCA:XNAV) was the target of a significant increase in short interest in 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. Currently, 1.6% of the company’s stock are short sold. Based on an average daily volume of 722 shares, the days-to-cover ratio is presently 7.7 days.

Institutional Investors Weigh In On FundX Aggressive ETF

An institutional investor recently bought a new position in FundX Aggressive ETF stock. Citadel Advisors LLC bought a new stake in shares of FundX Aggressive ETF (NYSEARCA:XNAV) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 9,253 shares of the company’s stock, valued at approximately $725,000. Citadel Advisors LLC owned approximately 2.64% of FundX Aggressive ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

FundX Aggressive ETF Stock Performance

Shares of XNAV stock remained flat at $93.86 during mid-day trading on Monday. 1,523 shares of the stock were exchanged, compared to its average volume of 445. FundX Aggressive ETF has a 1 year low of $71.29 and a 1 year high of $100.67. The firm has a market cap of $31.91 million, a P/E ratio of 23.50 and a beta of 1.10. The firm’s 50 day simple moving average is $95.43 and its 200-day simple moving average is $88.10.

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.