The Future Fund Long/Short ETF (NYSEARCA:FFLS) Short Interest Down 77.4% in July

The Future Fund Long/Short ETF (NYSEARCA:FFLS) was the target of a significant 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 trading volume, of 2,622 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.2% of the company’s stock are sold short.

Future Fund Long/Short ETF Stock Down 0.1%

NYSEARCA:FFLS traded down $0.02 during trading hours on Monday, hitting $22.36. 6,002 shares of the company traded hands, compared to its average volume of 6,106. The company has a market cap of $42.04 million, a PE ratio of 26.17 and a beta of 0.51. The firm’s 50-day simple moving average is $22.91 and its 200-day simple moving average is $22.80. Future Fund Long/Short ETF has a one year low of $21.43 and a one year high of $26.04.

Institutional Trading of Future Fund Long/Short ETF

A hedge fund recently raised its position in Future Fund Long/Short ETF stock. One Capital Management LLC grew its holdings in shares of The Future Fund Long/Short ETF (NYSEARCA:FFLS) by 3.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,215,695 shares of the company’s stock after buying an additional 45,379 shares during the period. Future Fund Long/Short ETF accounts for 1.0% of One Capital Management LLC’s portfolio, making the stock its 24th biggest position. One Capital Management LLC owned approximately 75.04% of Future Fund Long/Short ETF worth $30,879,000 as of its most recent SEC filing.

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.