MicroSectors FANG+ Index -3X Inverse Leveraged ETN (NYSEARCA:FNGD) Short Interest Down 81.4% in February

Posted by Patrick Bannon on Feb 26th, 2026

MicroSectors FANG+ Index -3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 265,241 shares, a drop of 81.4% from the January 29th total of 1,423,606 shares. Based on an average daily volume of 2,385,641 shares, the days-to-cover ratio is currently 0.1 days. Approximately 663.1% of the shares of the company are short sold. Approximately 663.1% of the shares of the company are short sold. Based on an average daily volume of 2,385,641 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MicroSectors FANG+ Index -3X Inverse Leveraged ETN stock. JPMorgan Chase & Co. acquired a new stake in MicroSectors FANG+ Index -3X Inverse Leveraged ETN (NYSEARCA:FNGD – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,531 shares of the company’s stock, valued at approximately $54,000. JPMorgan Chase & Co. owned 3.01% of MicroSectors FANG+ Index -3X Inverse Leveraged ETN as of its most recent SEC filing.

MicroSectors FANG+ Index -3X Inverse Leveraged ETN Stock Up 1.9%

NYSEARCA:FNGD traded up $1.26 during midday trading on Thursday, reaching $67.49. The stock had a trading volume of 541,840 shares, compared to its average volume of 3,114,214. The stock has a market cap of $2.70 million, a P/E ratio of 20.31 and a beta of -3.38. The firm has a fifty day simple moving average of $58.58 and a two-hundred day simple moving average of $53.76. MicroSectors FANG+ Index -3X Inverse Leveraged ETN has a 12-month low of $41.40 and a 12-month high of $276.69.

MicroSectors FANG+ Index -3X Inverse Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks -3x the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure. FNGD was launched on Jan 25, 2018 and is issued by REX Microsectors.