FundX ETF (NYSEARCA:XCOR) Sees Significant Growth in Short Interest

FundX ETF (NYSEARCA:XCOR) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 46 shares. Based on an average daily volume of 797 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FundX ETF stock. Basso Capital Management L.P. purchased a new stake in FundX ETF (NYSEARCA:XCOR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 67,576 shares of the company’s stock, valued at approximately $6,059,000. FundX ETF comprises 1.3% of Basso Capital Management L.P.’s investment portfolio, making the stock its 19th largest position. Basso Capital Management L.P. owned about 3.28% of FundX ETF at the end of the most recent reporting period.

FundX ETF Price Performance

Shares of XCOR stock traded down $2.34 during midday trading on Friday, reaching $85.74. 97 shares of the company traded hands, compared to its average volume of 1,665. FundX ETF has a 1-year low of $74.07 and a 1-year high of $91.76. The firm’s 50 day simple moving average is $88.81 and its two-hundred day simple moving average is $85.50.

About FundX ETF

The fundX ETF (XCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that provides broad exposure to stocks from around the world of various market capitalization that are perceived to be in sync with market leaders. XCOR was launched on Nov 1, 2001 and is managed by FundX.