FundX Conservative ETF (NYSEARCA:XRLX) Sees Large Increase in Short Interest

FundX Conservative ETF (NYSEARCA:XRLX) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 381 shares, an increase of 296.9% from the May 31st total of 96 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 698 shares, the days-to-cover ratio is presently 0.5 days.

FundX Conservative ETF Price Performance

Shares of FundX Conservative ETF stock remained flat at $48.62 during mid-day trading on Monday. 4,637 shares of the company’s stock traded hands, compared to its average volume of 1,665. FundX Conservative ETF has a one year low of $43.84 and a one year high of $49.91. The company has a market cap of $52.51 million, a PE ratio of 27.26 and a beta of 0.70. The stock has a fifty day moving average of $48.52 and a 200-day moving average of $46.97.

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.