MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Short Interest Up ∞ in June

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 12 shares, an increase of ∞ from the May 31st total of 0 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 9,294 shares, the days-to-cover ratio is presently 0.0 days.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance

Shares of MicroSectors FANG+ Index 2X Leveraged ETN stock traded down $0.48 on Thursday, reaching $129.00. The company had a trading volume of 7,857 shares, compared to its average volume of 10,312. The firm’s 50 day moving average price is $131.24 and its two-hundred day moving average price is $113.98. The firm has a market cap of $645.02 million, a PE ratio of 38.58 and a beta of 2.65. MicroSectors FANG+ Index 2X Leveraged ETN has a 52-week low of $79.06 and a 52-week high of $157.50.

MicroSectors FANG+ Index 2X Leveraged ETN Company Profile

The MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund provides 2x the daily price movements of an index of US-listed technology and consumer discretionary companies. The index is highly concentrated and equally weighted. FNGO was launched on Aug 6, 2018 and is issued by REX Microsectors.