One Global ETF (NYSEARCA:FFND) Sees Significant Increase in Short Interest

One Global ETF (NYSEARCA:FFND) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,969 shares, an increase of 147.7% from the June 30th total of 795 shares. Based on an average trading volume of 5,377 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

One Global ETF Trading Up 0.5%

Shares of FFND stock opened at $32.09 on Tuesday. The company’s 50-day moving average price is $32.12 and its 200-day moving average price is $31.07. The stock has a market cap of $99.48 million, a price-to-earnings ratio of 22.16 and a beta of 1.25. One Global ETF has a twelve month low of $27.77 and a twelve month high of $33.06.

Hedge Funds Weigh In On One Global ETF

An institutional investor recently raised its stake in One Global ETF stock. One Capital Management LLC grew its position in One Global ETF (NYSEARCA:FFND) by 21.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,113,799 shares of the company’s stock after buying an additional 548,721 shares during the period. One Global ETF accounts for approximately 3.0% of One Capital Management LLC’s investment portfolio, making the stock its 6th largest position. One Capital Management LLC owned 88.97% of One Global ETF worth $92,992,000 at the end of the most recent quarter.

About One Global ETF

The Future Fund Active ETF (FFND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital growth from an actively managed fund of US-listed stocks that benefit from emerging secular trends driven by technological, social and environmental changes. FFND was launched on Aug 24, 2021 and is managed by The Future Fund.