The Future Fund Long/Short ETF (NYSEARCA:FFLS) Shares Shorted: Short Interest Down 91.3% in September

The Future Fund Long/Short ETF (NYSEARCA:FFLS) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,358 shares, a decline of 91.3% from the August 31st total of 15,693 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 6,929 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds 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 raised its position in The Future Fund Long/Short ETF (NYSEARCA:FFLS) by 6.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 makes up approximately 0.9% of One Capital Management LLC’s portfolio, making the stock its 23rd biggest position. One Capital Management LLC owned 76.28% of Future Fund Long/Short ETF worth $30,106,000 at the end of the most recent quarter.

Future Fund Long/Short ETF Stock Performance

Shares of FFLS traded up $0.23 during midday trading on Thursday, hitting $23.44. 16,586 shares of the stock were exchanged, compared to its average volume of 6,197. Future Fund Long/Short ETF has a 52-week low of $21.43 and a 52-week high of $25.60. The stock has a fifty day simple moving average of $23.19 and a 200 day simple moving average of $22.86. The firm has a market cap of $45.47 million, a P/E ratio of 26.17 and a beta of 0.52.

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.