MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Stock Short Interest Report for September

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 12,171 shares. Based on an average trading volume of 5,314 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.2% of the company’s stock are sold short.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance

Shares of MicroSectors FANG+ Index 2X Leveraged ETN stock traded down $7.68 during trading on Wednesday, hitting $157.50. 12,133 shares of the stock were exchanged, compared to its average volume of 8,276. The stock’s fifty day moving average is $153.87 and its 200 day moving average is $135.11. The stock has a market cap of $787.50 million, a PE ratio of 38.58 and a beta of 2.68. MicroSectors FANG+ Index 2X Leveraged ETN has a 12 month low of $79.06 and a 12 month high of $166.64.

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.