MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Sees Large Growth in Short Interest

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 12 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average trading volume of 9,294 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

MicroSectors FANG+ Index 2X Leveraged ETN Price Performance

MicroSectors FANG+ Index 2X Leveraged ETN stock traded up $2.04 during mid-day trading on Tuesday, reaching $126.47. The stock had a trading volume of 3,097 shares, compared to its average volume of 10,380. The company has a 50-day moving average price of $130.93 and a two-hundred day moving average price of $113.97. The company has a market capitalization of $632.35 million, a price-to-earnings ratio of 38.58 and a beta of 2.64. MicroSectors FANG+ Index 2X Leveraged ETN has a one year low of $79.06 and a one year high of $157.50.

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MicroSectors FANG+ Index 2X Leveraged ETN Company Profile

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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.

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