MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Short Interest Update

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 612 shares, a decrease of 93.7% from the April 15th total of 9,680 shares. Based on an average daily trading volume, of 12,710 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Up 2.6%

FNGO traded up $3.45 during trading on Wednesday, hitting $136.51. The company’s stock had a trading volume of 8,284 shares, compared to its average volume of 11,887. The business’s 50 day simple moving average is $105.45 and its 200-day simple moving average is $112.73. The firm has a market cap of $682.55 million, a PE ratio of 38.58 and a beta of 2.60. MicroSectors FANG+ Index 2X Leveraged ETN has a one year low of $79.06 and a one year high of $140.87.

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.