The Future Fund Long/Short ETF (NYSEARCA:FFLS) Short Interest Update

The Future Fund Long/Short ETF (NYSEARCA:FFLS) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 15,693 shares, a growth of 115.5% from the August 15th total of 7,281 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 6,954 shares, the days-to-cover ratio is currently 2.3 days.

Future Fund Long/Short ETF Stock Down 0.7%

Shares of FFLS stock traded down $0.15 during mid-day trading on Monday, reaching $22.85. 485 shares of the stock traded hands, compared to its average volume of 6,122. The stock’s fifty day simple moving average is $23.20 and its two-hundred day simple moving average is $22.81. Future Fund Long/Short ETF has a 1-year low of $21.43 and a 1-year high of $26.04. The company has a market cap of $42.96 million, a price-to-earnings ratio of 26.17 and a beta of 0.52.

Institutional Investors Weigh In On Future Fund Long/Short ETF

A hedge fund recently raised its stake in Future Fund Long/Short ETF stock. One Capital Management LLC increased its holdings in The Future Fund Long/Short ETF (NYSEARCA:FFLS) by 6.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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 makes up 0.9% of One Capital Management LLC’s investment portfolio, making the stock its 23rd biggest holding. One Capital Management LLC owned approximately 76.28% of Future Fund Long/Short ETF worth $30,106,000 as of its most recent SEC filing.

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.