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

One Global ETF (NYSEARCA:FFND) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 511 shares, a decrease of 88.9% from the August 15th total of 4,612 shares. Based on an average trading volume of 6,488 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

One Global ETF Price Performance

Shares of One Global ETF stock traded up $0.33 during midday trading on Friday, hitting $32.64. The company had a trading volume of 14,403 shares, compared to its average volume of 9,020. One Global ETF has a 1-year low of $27.87 and a 1-year high of $34.07. The business’s 50 day simple moving average is $32.89 and its two-hundred day simple moving average is $31.61. The stock has a market cap of $101.18 million, a PE ratio of 22.16 and a beta of 1.25.

Institutional Inflows and Outflows

A hedge fund recently raised its position in One Global ETF stock. One Capital Management LLC lifted its stake in One Global ETF (NYSEARCA:FFND) by 21.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,113,799 shares of the company’s stock after buying an additional 548,721 shares during the period. One Global ETF comprises 3.0% of One Capital Management LLC’s portfolio, making the stock its 6th biggest holding. One Capital Management LLC owned approximately 88.97% of One Global ETF worth $92,992,000 as of its most recent filing with the SEC.

One Global ETF Company Profile

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.