The Future Fund Long/Short ETF (NYSEARCA:FFLS – Get Free Report) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 3,486 shares, a decrease of 77.4% from the June 30th total of 15,433 shares. Based on an average daily volume of 2,622 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.2% of the shares of the stock are sold short.
Institutional Trading of Future Fund Long/Short ETF
An institutional investor recently raised its stake in Future Fund Long/Short ETF stock. One Capital Management LLC boosted its position in The Future Fund Long/Short ETF (NYSEARCA:FFLS – Free Report) by 6.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,296,842 shares of the company’s stock after acquiring an additional 81,147 shares during the quarter. Future Fund Long/Short ETF accounts for 0.9% of One Capital Management LLC’s holdings, making the stock its 23rd largest holding. One Capital Management LLC owned 76.28% of Future Fund Long/Short ETF worth $30,106,000 at the end of the most recent quarter.
Future Fund Long/Short ETF Stock Down 0.8%
FFLS stock opened at $22.38 on Friday. Future Fund Long/Short ETF has a 12 month low of $21.43 and a 12 month high of $26.04. The firm has a market cap of $42.07 million, a P/E ratio of 26.17 and a beta of 0.51. The company’s 50-day moving average price is $22.91 and its two-hundred day moving average price is $22.80.
About Future Fund Long/Short ETF
The Future Fund Long/Short ETF (FFLS) is an exchange-traded fund that mostly invests in long/short alternatives. The fund is actively managed to provide long/short exposure to US-listed stocks that benefit from emerging secular trends driven by technological, social, and environmental changes. The fund aims to pursue capital appreciation. FFLS was launched on Jun 20, 2023 and is managed by The Future Fund.
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