FundX Future Fund Opportunities ETF (NYSEARCA:FFOX) Short Interest Down 36.5% in May

FundX Future Fund Opportunities ETF (NYSEARCA:FFOX) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 28,678 shares, a decrease of 36.5% from the April 30th total of 45,148 shares. Based on an average daily volume of 18,477 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.4% of the shares of the stock are sold short.

FundX Future Fund Opportunities ETF Trading Down 0.0%

Shares of NYSEARCA FFOX opened at $28.34 on Wednesday. The stock has a market cap of $215.10 million, a price-to-earnings ratio of 30.45 and a beta of 1.65. FundX Future Fund Opportunities ETF has a 1-year low of $24.75 and a 1-year high of $29.64. The stock’s 50-day moving average is $27.82 and its 200 day moving average is $28.03.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. One Capital Management LLC boosted its stake in shares of FundX Future Fund Opportunities ETF by 8.8% in the 3rd quarter. One Capital Management LLC now owns 5,088,013 shares of the company’s stock valued at $139,844,000 after purchasing an additional 412,071 shares in the last quarter. National Bank of Canada FI raised its position in FundX Future Fund Opportunities ETF by 1,335.2% in the 3rd quarter. National Bank of Canada FI now owns 143,898 shares of the company’s stock worth $3,953,000 after purchasing an additional 133,872 shares during the period. EP Wealth Advisors LLC purchased a new position in FundX Future Fund Opportunities ETF in the 4th quarter worth $255,000. Thryve Wealth Management LLC bought a new stake in FundX Future Fund Opportunities ETF in the fourth quarter worth $377,000. Finally, Capital Analysts LLC boosted its position in FundX Future Fund Opportunities ETF by 59.3% during the fourth quarter. Capital Analysts LLC now owns 158,295 shares of the company’s stock valued at $4,317,000 after buying an additional 58,922 shares during the period.

FundX Future Fund Opportunities ETF Company Profile

The Future Fund Opportunities ETF is an actively managed ETF that, under normal market conditions, will primarily invest in the equity securities of companies that the Adviser believes to be best positioned to take advantage of long-term megatrends. Long-term megatrends are driven by changes in technology, consumer preferences, demographics, and environmental sustainability, which can lead to significant increases in their markets, earnings trajectories, and market capitalizations.