FundX Conservative ETF (NYSEARCA:XRLX) Short Interest Down 61.4% in May
by Amy Steele · The Cerbat GemFundX Conservative ETF (NYSEARCA:XRLX – Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 96 shares, a drop of 61.4% from the May 14th total of 249 shares. Based on an average daily trading volume, of 431 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short.
FundX Conservative ETF Trading Up 0.2%
Shares of NYSEARCA:XRLX traded up $0.11 on Friday, reaching $49.03. 320 shares of the company traded hands, compared to its average volume of 1,143. The business’s 50-day simple moving average is $47.85 and its 200 day simple moving average is $46.82. FundX Conservative ETF has a 52 week low of $43.15 and a 52 week high of $49.91. The stock has a market capitalization of $52.95 million, a P/E ratio of 27.26 and a beta of 0.70.
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.