Short Interest in The Future Fund Long/Short ETF (NYSEARCA:FFLS) Rises By 172.1%

The Future Fund Long/Short ETF (NYSEARCA:FFLSGet Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 7,281 shares, a growth of 172.1% from the July 30th total of 2,676 shares. Based on an average daily volume of 4,038 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On Future Fund Long/Short ETF

A hedge fund recently raised its stake in Future Fund Long/Short ETF stock. One Capital Management LLC boosted its position in The Future Fund Long/Short ETF (NYSEARCA:FFLSFree Report) by 6.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,296,842 shares of the company’s stock after acquiring an additional 81,147 shares during the period. Future Fund Long/Short ETF accounts for 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 reporting period.

Future Fund Long/Short ETF Stock Performance

NYSEARCA:FFLS opened at $23.18 on Friday. Future Fund Long/Short ETF has a fifty-two week low of $21.43 and a fifty-two week high of $26.04. The firm has a market cap of $43.58 million, a PE ratio of 26.17 and a beta of 0.52. The business has a 50 day moving average price of $23.22 and a 200-day moving average price of $22.79.

Future Fund Long/Short ETF Company Profile

(Get Free Report)

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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