Strive Natural Resources and Security ETF (NYSE:FTWO) Sees Large Growth in Short Interest

Strive Natural Resources and Security ETF (NYSE:FTWO) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 11,758 shares, an increase of 228.5% from the August 15th total of 3,579 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 4,180 shares, the short-interest ratio is currently 2.8 days.

Strive Natural Resources and Security ETF Trading Down 1.5%

Shares of NYSE:FTWO traded down $0.70 during mid-day trading on Monday, reaching $46.38. The stock had a trading volume of 1,909 shares, compared to its average volume of 11,939. The business’s 50 day moving average price is $45.46 and its 200 day moving average price is $45.49. Strive Natural Resources and Security ETF has a 1 year low of $37.72 and a 1 year high of $49.66. The company has a market cap of $76.53 million, a P/E ratio of 24.31 and a beta of 0.62.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Strive Natural Resources and Security ETF stock. Ethos Financial Group LLC increased its holdings in Strive Natural Resources and Security ETF (NYSE:FTWO) by 3.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,982 shares of the company’s stock after buying an additional 2,398 shares during the period. Ethos Financial Group LLC owned about 3.59% of Strive Natural Resources and Security ETF worth $2,907,000 as of its most recent filing with the Securities & Exchange Commission.

Strive Natural Resources and Security ETF Company Profile

The Strive FAANG 2.0 ETF (FTWO) is an exchange-traded fund that is based on the Bloomberg FAANG 2.0 Select index. The fund tracks a market-cap weighted index that provides exposure to US and Canadian companies tied to national and natural resource security, collectively the FAANG 2.0. FTWO was launched on Aug 31, 2023 and is issued by Alpha Architect.