The Future Fund Long/Short ETF (NYSEARCA:FFLS – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 15,433 shares, a growth of 93.4% from the June 15th total of 7,980 shares. Based on an average daily volume of 7,138 shares, the short-interest ratio is presently 2.2 days. Approximately 0.8% of the shares of the stock are sold short.
Future Fund Long/Short ETF Stock Performance
FFLS stock traded down $0.19 during trading on Friday, hitting $22.52. The stock had a trading volume of 7,163 shares, compared to its average volume of 6,086. Future Fund Long/Short ETF has a 1-year low of $21.43 and a 1-year high of $26.04. The stock has a market cap of $42.34 million, a price-to-earnings ratio of 26.17 and a beta of 0.51. The company’s 50 day moving average price is $22.94 and its two-hundred day moving average price is $22.82.
Institutional Investors Weigh In On Future Fund Long/Short ETF
An institutional investor recently raised its stake in Future Fund Long/Short ETF stock. One Capital Management LLC lifted its holdings in shares of The Future Fund Long/Short ETF (NYSEARCA:FFLS – Free Report) by 3.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,215,695 shares of the company’s stock after acquiring an additional 45,379 shares during the quarter. Future Fund Long/Short ETF comprises approximately 1.0% of One Capital Management LLC’s holdings, making the stock its 24th biggest holding. 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.
Further Reading
- Five stocks we like better than Future Fund Long/Short ETF
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
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.
