Short Interest in FundX Conservative ETF (NYSEARCA:XRLX) Drops By 53.9%

FundX Conservative ETF (NYSEARCA:XRLX) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 154 shares, a drop of 53.9% from the August 15th total of 334 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 425 shares, the short-interest ratio is currently 0.4 days.

FundX Conservative ETF Trading Down 0.2%

Shares of XRLX traded down $0.09 during mid-day trading on Tuesday, hitting $48.45. The company’s stock had a trading volume of 631 shares, compared to its average volume of 1,525. The firm has a market capitalization of $48.45 million, a price-to-earnings ratio of 27.26 and a beta of 0.70. FundX Conservative ETF has a 52-week low of $43.84 and a 52-week high of $49.91. The company’s 50-day moving average is $48.73 and its 200-day moving average is $47.83.

About FundX Conservative ETF

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.