The Future Fund Long/Short ETF (NYSEARCA:FFLS – Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 7,980 shares, a growth of 212.1% from the May 31st total of 2,557 shares. Based on an average trading volume of 7,959 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the shares of the company are short sold.
Future Fund Long/Short ETF Stock Up 0.5%
Shares of NYSEARCA FFLS traded up $0.11 during midday trading on Friday, reaching $22.88. 2,079 shares of the stock were exchanged, compared to its average volume of 6,281. The firm has a market cap of $42.10 million, a price-to-earnings ratio of 26.17 and a beta of 0.52. Future Fund Long/Short ETF has a twelve month low of $21.43 and a twelve month high of $26.04. The firm has a 50-day simple moving average of $22.80 and a two-hundred day simple moving average of $22.97.
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 raised its position in The Future Fund Long/Short ETF (NYSEARCA:FFLS – Free Report) by 6.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,296,842 shares of the company’s stock after buying an additional 81,147 shares during the period. Future Fund Long/Short ETF comprises 0.9% of One Capital Management LLC’s investment portfolio, making the stock its 23rd biggest position. One Capital Management LLC owned approximately 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 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.
Read More
- Five stocks we like better than Future Fund Long/Short ETF
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Receive News & Ratings for Future Fund Long/Short ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Future Fund Long/Short ETF and related companies with MarketBeat.com's FREE daily email newsletter.
