One Global ETF (NYSEARCA:FFND) Sees Significant Increase in Short Interest

One Global ETF (NYSEARCA:FFND) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,612 shares, an increase of 338.4% from the July 30th total of 1,052 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 13,757 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of One Global ETF

A hedge fund recently raised its stake in One Global ETF stock. One Capital Management LLC boosted its stake in One Global ETF (NYSEARCA:FFND) by 21.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,113,799 shares of the company’s stock after buying an additional 548,721 shares during the quarter. One Global ETF makes up approximately 3.0% of One Capital Management LLC’s portfolio, making the stock its 6th largest holding. One Capital Management LLC owned approximately 88.97% of One Global ETF worth $92,992,000 at the end of the most recent reporting period.

One Global ETF Stock Performance

One Global ETF stock traded down $0.01 during trading on Wednesday, reaching $33.30. The company had a trading volume of 3,450 shares, compared to its average volume of 9,115. The firm has a market capitalization of $103.23 million, a PE ratio of 22.16 and a beta of 1.25. The firm’s 50-day simple moving average is $32.69 and its 200 day simple moving average is $31.42. One Global ETF has a 1-year low of $27.87 and a 1-year high of $34.07.

About One Global ETF

The Future Fund Active ETF (FFND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital growth from an actively managed fund of US-listed stocks that benefit from emerging secular trends driven by technological, social and environmental changes. FFND was launched on Aug 24, 2021 and is managed by The Future Fund.