The Future Fund Long/Short ETF (NYSEARCA:FFLS – Get Free Report) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,557 shares, a drop of 57.2% from the May 14th total of 5,981 shares. Based on an average daily trading volume, of 6,626 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are short sold.
Future Fund Long/Short ETF Price Performance
Shares of FFLS opened at $22.57 on Friday. Future Fund Long/Short ETF has a one year low of $21.43 and a one year high of $26.04. The company has a 50-day simple moving average of $22.70 and a two-hundred day simple moving average of $23.10. The firm has a market capitalization of $41.53 million, a PE ratio of 26.17 and a beta of 0.52.
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 stake in The Future Fund Long/Short ETF (NYSEARCA:FFLS – Free Report) by 6.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,296,842 shares of the company’s stock after buying an additional 81,147 shares during the period. Future Fund Long/Short ETF accounts for approximately 0.9% of One Capital Management LLC’s portfolio, making the stock its 23rd largest 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 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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