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

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) was the target of a significant growth in short interest during 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. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 12,708 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 12,708 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 Performance

NYSEARCA FNGO opened at $103.20 on Thursday. MicroSectors FANG+ Index 2X Leveraged ETN has a twelve month low of $48.67 and a twelve month high of $140.87. The stock has a market cap of $516 million, a PE ratio of 38.58 and a beta of 2.36. The firm has a 50-day simple moving average of $104.67 and a 200 day simple moving average of $117.70.

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.