Short Interest in MicroSectors FANG+ ETN (NYSEARCA:FNGS) Declines By 17.7%

Posted by Trevor Kearing on Mar 18th, 2026

MicroSectors FANG+ ETN (NYSEARCA:FNGS – Get Free Report) was the recipient of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 40,957 shares, a drop of 17.7% from the February 12th total of 49,770 shares. Based on an average trading volume of 44,115 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 44,115 shares, the days-to-cover ratio is presently 0.9 days.

MicroSectors FANG+ ETN Price Performance

Shares of NYSEARCA:FNGS opened at $63.81 on Wednesday. The business has a 50-day moving average of $64.41 and a two-hundred day moving average of $68.01. MicroSectors FANG+ ETN has a fifty-two week low of $42.50 and a fifty-two week high of $74.43. The stock has a market capitalization of $478.58 million, a P/E ratio of 35.17 and a beta of 1.18.

Hedge Funds Weigh In On MicroSectors FANG+ ETN

A hedge fund recently bought a new stake in MicroSectors FANG+ ETN stock. Kingswood Wealth Advisors LLC bought a new position in shares of MicroSectors FANG+ ETN (NYSEARCA:FNGS – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 3,183 shares of the company’s stock, valued at approximately $217,000.

MicroSectors FANG+ ETN Company Profile

(Get Free Report)

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.