Short Interest in FundX Future Fund Opportunities ETF (NYSEARCA:FFOX) Decreases By 35.9%

FundX Future Fund Opportunities ETF (NYSEARCA:FFOX) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 45,148 shares, a drop of 35.9% from the April 15th total of 70,406 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 19,954 shares, the short-interest ratio is currently 2.3 days.

FundX Future Fund Opportunities ETF Price Performance

Shares of NYSEARCA:FFOX traded down $0.08 during trading on Tuesday, hitting $27.25. The company had a trading volume of 1,202 shares, compared to its average volume of 23,346. The stock has a market cap of $206.83 million, a price-to-earnings ratio of 30.45 and a beta of 1.50. FundX Future Fund Opportunities ETF has a one year low of $24.75 and a one year high of $29.64. The company has a fifty day simple moving average of $27.66 and a two-hundred day simple moving average of $28.00.

Institutional Investors Weigh In On FundX Future Fund Opportunities ETF

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

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.