FundX Flexible ETF (NYSEARCA:XFLX) Shares Shorted: Short Interest Down 83.8% in October

FundX Flexible ETF (NYSEARCA:XFLX) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 813 shares, a decline of 83.8% from the September 30th total of 5,012 shares. Based on an average trading volume of 2,307 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FundX Flexible ETF stock. Royal Bank of Canada grew its position in shares of FundX Flexible ETF (NYSEARCA:XFLX) by 75.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,438 shares of the company’s stock after purchasing an additional 4,070 shares during the period. Royal Bank of Canada owned about 0.43% of FundX Flexible ETF worth $210,000 at the end of the most recent reporting period.

FundX Flexible ETF Trading Up 0.0%

NYSEARCA XFLX traded up $0.01 during trading on Wednesday, hitting $22.59. 1,198 shares of the company’s stock were exchanged, compared to its average volume of 8,379. The stock’s 50 day moving average price is $22.62 and its two-hundred day moving average price is $22.57. FundX Flexible ETF has a fifty-two week low of $22.02 and a fifty-two week high of $24.75. The company has a market cap of $49.92 million, a PE ratio of 19.43 and a beta of 0.24.

FundX Flexible ETF Company Profile

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.