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

One Global ETF (NYSEARCA:FFND) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,969 shares, a growth 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. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On One Global ETF

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

One Global ETF Price Performance

NYSEARCA FFND traded down $0.49 during trading hours on Wednesday, reaching $31.67. 6,571 shares of the stock traded hands, compared to its average volume of 9,044. The stock has a 50 day simple moving average of $32.14 and a two-hundred day simple moving average of $31.08. One Global ETF has a 1 year low of $27.77 and a 1 year high of $33.06. The company has a market cap of $98.18 million, a price-to-earnings ratio of 22.16 and a beta of 1.25.

One Global ETF Company Profile

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.