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

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

FundX Conservative ETF Price Performance

Shares of NYSEARCA:XRLX opened at $48.87 on Monday. The company’s fifty day moving average price is $48.74 and its 200 day moving average price is $47.82. FundX Conservative ETF has a 12 month low of $43.84 and a 12 month high of $49.91. The firm has a market capitalization of $48.87 million, a P/E ratio of 27.26 and a beta of 0.70.

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.