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 during 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 shares of the company are sold short. Based on an average trading volume of 9,294 shares, the days-to-cover ratio is presently 0.0 days.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Up 1.6%

NYSEARCA:FNGO traded up $2.04 on Tuesday, hitting $126.47. The stock had a trading volume of 3,097 shares, compared to its average volume of 10,380. The stock has a market cap of $632.35 million, a price-to-earnings ratio of 38.58 and a beta of 2.64. The business’s 50-day simple moving average is $130.93 and its two-hundred day simple moving average is $113.97. 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.