MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Short Interest Up ∞ in June

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 12 shares, an increase of ∞ from the May 31st total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 9,294 shares, the days-to-cover ratio is currently 0.0 days.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Up 2.4%

NYSEARCA FNGO traded up $3.02 during trading hours on Wednesday, reaching $129.49. 6,650 shares of the company were exchanged, compared to its average volume of 10,349. The stock has a market capitalization of $647.45 million, a P/E ratio of 38.58 and a beta of 2.64. MicroSectors FANG+ Index 2X Leveraged ETN has a 1 year low of $79.06 and a 1 year high of $157.50. The business’s 50 day simple moving average is $131.24 and its 200-day simple moving average is $113.98.

MicroSectors FANG+ Index 2X Leveraged ETN Company Profile

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.