FundX Future Fund Opportunities ETF (NYSEARCA:FFOX) Short Interest Update

FundX Future Fund Opportunities ETF (NYSEARCA:FFOX) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 33,198 shares, an increase of 229.9% from the August 31st total of 10,063 shares. Based on an average daily trading volume, of 16,930 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Capital Analysts LLC grew its position in FundX Future Fund Opportunities ETF by 2.4% during the second quarter. Capital Analysts LLC now owns 164,714 shares of the company’s stock worth $4,989,000 after buying an additional 3,930 shares in the last quarter. Thryve Wealth Management LLC purchased a new stake in shares of FundX Future Fund Opportunities ETF in the 4th quarter valued at about $377,000. Finally, One Capital Management LLC raised its holdings in shares of FundX Future Fund Opportunities ETF by 8.0% in the 4th quarter. One Capital Management LLC now owns 5,493,862 shares of the company’s stock valued at $149,818,000 after acquiring an additional 405,849 shares in the last quarter.

FundX Future Fund Opportunities ETF Stock Performance

FundX Future Fund Opportunities ETF stock traded up $0.10 during midday trading on Friday, reaching $28.50. 38,827 shares of the stock were exchanged, compared to its average volume of 20,654. FundX Future Fund Opportunities ETF has a 52 week low of $25.44 and a 52 week high of $31.30. The firm has a market cap of $230.56 million, a PE ratio of 30.45 and a beta of 0.71. The company’s fifty day moving average is $29.40 and its 200-day moving average is $28.67.

FundX Future Fund Opportunities ETF Company Profile

The Future Fund Opportunities ETF is an actively managed ETF that, under normal market conditions, will primarily invest in the equity securities of companies that the Adviser believes to be best positioned to take advantage of long-term megatrends. Long-term megatrends are driven by changes in technology, consumer preferences, demographics, and environmental sustainability, which can lead to significant increases in their markets, earnings trajectories, and market capitalizations.