MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Short Interest Update

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 1 shares, a decrease of 99.8% from the July 15th total of 663 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 3,150 shares, the days-to-cover ratio is currently 0.0 days.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance

FNGO stock traded down $2.92 during trading on Tuesday, hitting $150.38. 2,843 shares of the company’s stock traded hands, compared to its average volume of 9,383. MicroSectors FANG+ Index 2X Leveraged ETN has a 52 week low of $79.06 and a 52 week high of $157.50. The business has a fifty day simple moving average of $133.06 and a 200 day simple moving average of $117.88. The stock has a market capitalization of $751.90 million, a price-to-earnings ratio of 38.58 and a beta of 2.66.

About MicroSectors FANG+ Index 2X Leveraged ETN

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.