MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 741 shares, a decrease of 93.9% from the September 30th total of 12,171 shares. Based on an average daily trading volume, of 3,965 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.
MicroSectors FANG+ Index 2X Leveraged ETN Price Performance
Shares of FNGO stock traded up $0.22 on Wednesday, reaching $146.13. 698 shares of the stock were exchanged, compared to its average volume of 8,005. MicroSectors FANG+ Index 2X Leveraged ETN has a one year low of $79.06 and a one year high of $166.64. The stock has a market cap of $730.65 million, a PE ratio of 38.58 and a beta of 2.68. The stock has a 50 day moving average price of $153.64 and a 200 day moving average price of $127.26.
About MicroSectors FANG+ Index 2X Leveraged ETN
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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