FundX Future Fund Opportunities ETF (NYSEARCA:FFOX – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 10,063 shares, an increase of 103.8% from the August 15th total of 4,938 shares. Based on an average daily volume of 18,145 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s stock are short sold.
Institutional Trading of FundX Future Fund Opportunities ETF
A number of hedge funds have recently bought and sold shares of FFOX. One Capital Management LLC grew its stake in 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 purchasing an additional 405,849 shares during the period. 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 valued at $4,989,000 after buying an additional 3,930 shares during the period. Finally, Thryve Wealth Management LLC bought a new position in FundX Future Fund Opportunities ETF during the fourth quarter valued at about $377,000.
FundX Future Fund Opportunities ETF Stock Down 0.7%
FFOX stock traded down $0.20 during trading on Monday, reaching $28.35. The stock had a trading volume of 16,600 shares, compared to its average volume of 20,710. The company has a market capitalization of $227.37 million, a price-to-earnings ratio of 30.45 and a beta of 0.71. FundX Future Fund Opportunities ETF has a one year low of $25.44 and a one year high of $31.30. The company’s 50 day moving average is $29.66 and its two-hundred day moving average is $28.68.
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.
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