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

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) saw a significant increase in short interest in March. As of March 31st, there was short interest totaling 142 shares, an increase of 2,740.0% from the March 15th total of 5 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 9,461 shares, the days-to-cover ratio is currently 0.0 days.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Up 1.4%

Shares of FNGO stock opened at $101.76 on Friday. The stock has a market cap of $508.80 million, a price-to-earnings ratio of 38.58 and a beta of 2.51. The business’s fifty day moving average is $96.18 and its 200 day moving average is $113.53. MicroSectors FANG+ Index 2X Leveraged ETN has a twelve month low of $57.02 and a twelve month high of $140.87.

About MicroSectors FANG+ Index 2X Leveraged ETN

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.