The Future Fund Long/Short ETF (NYSEARCA:FFLS – Get Free Report) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,557 shares, a decline of 57.2% from the May 14th total of 5,981 shares. Based on an average daily volume of 6,626 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.
Institutional Trading of Future Fund Long/Short ETF
An institutional investor recently raised its position in Future Fund Long/Short ETF stock. One Capital Management LLC boosted its position in shares of The Future Fund Long/Short ETF (NYSEARCA:FFLS – Free Report) by 6.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,296,842 shares of the company’s stock after acquiring an additional 81,147 shares during the quarter. Future Fund Long/Short ETF accounts for 0.9% of One Capital Management LLC’s portfolio, making the stock its 23rd biggest holding. One Capital Management LLC owned 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 Trading Up 1.0%
NYSEARCA:FFLS opened at $22.57 on Friday. Future Fund Long/Short ETF has a 12 month low of $21.43 and a 12 month high of $26.04. The company has a market cap of $41.53 million, a PE ratio of 26.17 and a beta of 0.52. The company has a 50 day simple moving average of $22.70 and a two-hundred day simple moving average of $23.10.
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.
Further Reading
- Five stocks we like better than Future Fund Long/Short ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
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.
