Short Interest in FundX Aggressive ETF (NYSEARCA:XNAV) Increases By 8,982.6%

FundX Aggressive ETF (NYSEARCA:XNAV) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 2,089 shares, an increase of 8,982.6% from the July 30th total of 23 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 4,336 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On FundX Aggressive ETF

An institutional investor recently bought a new position in FundX Aggressive ETF stock. Citadel Advisors LLC acquired a new position in shares of FundX Aggressive ETF (NYSEARCA:XNAV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 9,253 shares of the company’s stock, valued at approximately $725,000. Citadel Advisors LLC owned approximately 2.64% of FundX Aggressive ETF at the end of the most recent quarter.

FundX Aggressive ETF Price Performance

Shares of XNAV traded up $0.75 during mid-day trading on Tuesday, reaching $90.80. The company’s stock had a trading volume of 5,233 shares, compared to its average volume of 696. FundX Aggressive ETF has a 12-month low of $73.48 and a 12-month high of $100.67. The stock has a market cap of $30.87 million, a PE ratio of 23.50 and a beta of 1.13. The company’s 50 day moving average is $92.60 and its 200 day moving average is $90.51.

About FundX Aggressive ETF

The fundX Aggressive ETF (XNAV) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, global fund-of-funds that primarily invests in sector and aggressive equity ETFs based on global market trends. XNAV was launched on Jul 1, 2002 and is managed by FundX.