FundX Future Fund Opportunities ETF (NYSEARCA:FFOX) Short Interest Update

FundX Future Fund Opportunities ETF (NYSEARCA:FFOX) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 4,938 shares, a drop of 84.9% from the July 30th total of 32,701 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 14,026 shares, the days-to-cover ratio is currently 0.4 days.

FundX Future Fund Opportunities ETF Stock Performance

Shares of FundX Future Fund Opportunities ETF stock remained flat at $29.99 during mid-day trading on Wednesday. 5,471 shares of the company were exchanged, compared to its average volume of 20,880. FundX Future Fund Opportunities ETF has a 1-year low of $25.44 and a 1-year high of $31.30. The company has a market capitalization of $240.52 million, a P/E ratio of 30.45 and a beta of 0.72. The company has a fifty day simple moving average of $29.78 and a 200-day simple moving average of $28.64.

Institutional Trading of FundX Future Fund Opportunities ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. EP Wealth Advisors LLC bought a new position in FundX Future Fund Opportunities ETF in the 4th quarter worth approximately $255,000. Thryve Wealth Management LLC bought a new position in shares of FundX Future Fund Opportunities ETF in the 4th quarter valued at about $377,000. National Bank of Canada FI increased its stake in FundX Future Fund Opportunities ETF by 1,335.2% in the third quarter. National Bank of Canada FI now owns 143,898 shares of the company’s stock valued at $3,953,000 after purchasing an additional 133,872 shares in the last quarter. Capital Analysts LLC grew its holdings in shares of FundX Future Fund Opportunities ETF by 59.3% in the 4th quarter. Capital Analysts LLC now owns 158,295 shares of the company’s stock valued at $4,317,000 after buying an additional 58,922 shares during the period. Finally, One Capital Management LLC grew its holdings in shares of FundX Future Fund Opportunities ETF by 8.8% in the 3rd quarter. One Capital Management LLC now owns 5,088,013 shares of the company’s stock valued at $139,844,000 after buying an additional 412,071 shares during the period.

About FundX Future Fund Opportunities ETF

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.