Short Interest in The Future Fund Long/Short ETF (NYSEARCA:FFLS) Grows By 212.1%

The Future Fund Long/Short ETF (NYSEARCA:FFLS) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 7,980 shares, an increase of 212.1% from the May 31st total of 2,557 shares. Based on an average trading volume of 7,959 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the shares of the stock are sold short.

Future Fund Long/Short ETF Trading Up 1.2%

NYSEARCA FFLS traded up $0.28 during midday trading on Monday, hitting $23.16. The company had a trading volume of 4,613 shares, compared to its average volume of 6,266. The company has a market capitalization of $42.61 million, a PE ratio of 26.17 and a beta of 0.52. The firm has a 50-day moving average price of $22.80 and a 200-day moving average price of $22.94. Future Fund Long/Short ETF has a twelve month low of $21.43 and a twelve month high of $26.04.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Future Fund Long/Short ETF stock. One Capital Management LLC increased its position in shares of The Future Fund Long/Short ETF (NYSEARCA:FFLS) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & 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 accounts for approximately 0.9% of One Capital Management LLC’s investment portfolio, making the stock its 23rd largest position. One Capital Management LLC owned 76.28% of Future Fund Long/Short ETF worth $30,106,000 at the end of the most recent reporting period.

About Future Fund Long/Short ETF

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.