Short Interest in MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Increases By 49,800.0%

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 499 shares, a growth of 49,800.0% from the February 12th total of 1 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 12,708 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 12,708 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Down 0.5%

Shares of FNGO stock opened at $103.33 on Wednesday. MicroSectors FANG+ Index 2X Leveraged ETN has a 12-month low of $48.67 and a 12-month high of $140.87. The firm has a fifty day moving average of $104.93 and a 200-day moving average of $117.81. The company has a market capitalization of $516.65 million, a price-to-earnings ratio of 38.58 and a beta of 2.36.

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.