MicroSectors FANG+ ETN (NYSEARCA:FNGS) Stock Short Interest Report for September

MicroSectors FANG+ ETN (NYSEARCA:FNGS) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 128,519 shares, a growth of 150.6% from the September 15th total of 51,275 shares. Based on an average daily volume of 39,784 shares, the days-to-cover ratio is currently 3.2 days. Approximately 1.7% of the shares of the stock are sold short.

MicroSectors FANG+ ETN Stock Performance

FNGS traded up $0.07 during trading on Tuesday, reaching $84.13. 23,083 shares of the company traded hands, compared to its average volume of 41,302. The company has a market cap of $630.98 million, a P/E ratio of 35.17 and a beta of 1.33. The firm has a fifty day simple moving average of $81.13 and a 200 day simple moving average of $75.12. MicroSectors FANG+ ETN has a 12-month low of $56.70 and a 12-month high of $84.95.

MicroSectors FANG+ ETN Company Profile

The MicroSectors FANG+ ETN (FNGS) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks an equally-weighted index of US-listed technology and consumer discretionary companies, selected by a committee. FNGS was launched on Nov 15, 2019 and is issued by REX Microsectors.