One Global ETF (NYSEARCA:FFND) Short Interest Up 338.4% in August
by Teresa Graham · The Cerbat GemOne Global ETF (NYSEARCA:FFND – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 4,612 shares, a growth of 338.4% from the July 30th total of 1,052 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 13,757 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Investors Weigh In On One Global ETF
A hedge fund recently raised its stake in One Global ETF stock. One Capital Management LLC lifted its holdings in One Global ETF (NYSEARCA:FFND – Free Report) by 21.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,113,799 shares of the company’s stock after purchasing an additional 548,721 shares during the period. One Global ETF comprises about 3.0% of One Capital Management LLC’s portfolio, making the stock its 6th largest holding. One Capital Management LLC owned 88.97% of One Global ETF worth $92,992,000 at the end of the most recent quarter.
One Global ETF Stock Down 0.0%
Shares of NYSEARCA:FFND traded down $0.01 during trading on Wednesday, hitting $33.30. 3,450 shares of the stock traded hands, compared to its average volume of 9,115. The company has a fifty day moving average price of $32.69 and a two-hundred day moving average price of $31.42. One Global ETF has a 52-week low of $27.87 and a 52-week high of $34.07. The company has a market cap of $103.23 million, a price-to-earnings ratio of 22.16 and a beta of 1.25.
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.