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

FundX Aggressive ETF (NYSEARCA:XNAV) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 39 shares, a decline of 99.1% from the June 30th total of 4,222 shares. Based on an average trading volume of 543 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On FundX Aggressive ETF

A hedge fund recently bought a new position in FundX Aggressive ETF stock. Citadel Advisors LLC purchased a new position in shares of FundX Aggressive ETF (NYSEARCA:XNAV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,253 shares of the company’s stock, valued at approximately $725,000. Citadel Advisors LLC owned about 2.64% of FundX Aggressive ETF at the end of the most recent reporting period.

FundX Aggressive ETF Stock Performance

Shares of NYSEARCA:XNAV traded down $1.70 during trading hours on Friday, reaching $88.58. The stock had a trading volume of 63 shares, compared to its average volume of 438. FundX Aggressive ETF has a 1 year low of $71.43 and a 1 year high of $100.67. The firm’s 50 day moving average is $95.20 and its 200-day moving average is $89.59. The stock has a market capitalization of $30.12 million, a price-to-earnings ratio of 23.50 and a beta of 1.11.

About FundX Aggressive ETF

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.