The Future Fund Long/Short ETF (NYSEARCA:FFLS – Get Free Report) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 7,281 shares, a growth of 172.1% from the July 30th total of 2,676 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 4,038 shares, the short-interest ratio is presently 1.8 days.
Future Fund Long/Short ETF Stock Performance
Shares of NYSEARCA FFLS traded down $0.24 during midday trading on Friday, hitting $23.18. The company’s stock had a trading volume of 7,108 shares, compared to its average volume of 6,049. Future Fund Long/Short ETF has a 1-year low of $21.43 and a 1-year high of $26.04. The firm’s fifty day moving average price is $23.22 and its 200-day moving average price is $22.79. The firm has a market cap of $43.58 million, a P/E ratio of 26.17 and a beta of 0.52.
Hedge Funds 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 stake in shares of The Future Fund Long/Short ETF (NYSEARCA:FFLS – Free Report) by 6.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,296,842 shares of the company’s stock after purchasing an additional 81,147 shares during the quarter. Future Fund Long/Short ETF comprises 0.9% of One Capital Management LLC’s portfolio, making the stock its 23rd largest position. One Capital Management LLC owned approximately 76.28% of Future Fund Long/Short ETF worth $30,106,000 as of its most recent filing with the Securities and Exchange Commission.
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.
Featured Stories
- Five stocks we like better than Future Fund Long/Short ETF
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
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.
