The Future Fund Long/Short ETF (NYSEARCA:FFLS – Get Free Report) was the recipient of a large growth in short interest during the month of 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. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 7,138 shares, the days-to-cover ratio is currently 2.2 days.
Future Fund Long/Short ETF Stock Down 0.8%
FFLS stock opened at $22.52 on Friday. The stock has a market capitalization of $42.34 million, a PE ratio of 26.17 and a beta of 0.51. Future Fund Long/Short ETF has a 52 week low of $21.43 and a 52 week high of $26.04. The firm has a 50 day moving average of $22.94 and a 200 day moving average of $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 position in The Future Fund Long/Short ETF (NYSEARCA:FFLS – Free Report) by 3.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,215,695 shares of the company’s stock after acquiring an additional 45,379 shares during the period. Future Fund Long/Short ETF accounts for approximately 1.0% of One Capital Management LLC’s investment portfolio, making the stock its 24th biggest holding. One Capital Management LLC owned about 75.04% of Future Fund Long/Short ETF worth $30,879,000 at the end of the most recent reporting period.
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.
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