The Future Fund Long/Short ETF (NYSEARCA:FFLS – Get Free Report) was the recipient of a large decrease in short interest in 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 short-interest ratio is presently 1.3 days. Currently, 0.2% of the shares of the company are short sold.
Hedge Funds Weigh In On Future Fund Long/Short ETF
An institutional investor recently raised its position in Future Fund Long/Short ETF stock. One Capital Management LLC lifted its stake in shares of The Future Fund Long/Short ETF (NYSEARCA:FFLS – Free Report) by 3.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,215,695 shares of the company’s stock after purchasing an additional 45,379 shares during the quarter. Future Fund Long/Short ETF accounts for 1.0% of One Capital Management LLC’s holdings, making the stock its 24th biggest holding. One Capital Management LLC owned approximately 75.04% of Future Fund Long/Short ETF worth $30,879,000 as of its most recent filing with the SEC.
Future Fund Long/Short ETF Trading Down 0.8%
Shares of FFLS 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’s 50 day moving average is $22.91 and its 200-day moving average is $22.80. The stock has a market capitalization of $42.07 million, a PE ratio of 26.17 and a beta of 0.51.
Future Fund Long/Short ETF Company Profile
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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