MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Short Interest Update

MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGUGet Free Report) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 12,251,842 shares, a decrease of 19.0% from the January 29th total of 15,127,203 shares. Based on an average daily trading volume, of 7,320,224 shares, the days-to-cover ratio is presently 1.7 days. Currently, 306.3% of the company’s shares are short sold. Currently, 306.3% of the company’s shares are short sold. Based on an average daily trading volume, of 7,320,224 shares, the days-to-cover ratio is presently 1.7 days.

MicroSectors FANG+ 3X Leveraged ETN Trading Up 0.2%

NYSEARCA:FNGU traded up $0.03 during mid-day trading on Tuesday, hitting $19.00. 12,549,847 shares of the company’s stock were exchanged, compared to its average volume of 6,552,690. MicroSectors FANG+ 3X Leveraged ETN has a fifty-two week low of $7.95 and a fifty-two week high of $34.14. The firm has a market capitalization of $76 million, a P/E ratio of 37.17 and a beta of 4.68. The company has a 50 day simple moving average of $22.08 and a 200-day simple moving average of $26.28.

MicroSectors FANG+ 3X Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology and consumer discretionary companies. FNGU was launched on Jan 22, 2018 and is issued by REX Microsectors.

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