MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Short Interest Down 99.2% in February

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 1 shares, a decrease of 99.2% from the January 29th total of 125 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 14,723 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 14,723 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Down 0.6%

FNGO opened at $94.89 on Friday. The company’s 50-day moving average price is $107.98 and its two-hundred day moving average price is $118.44. MicroSectors FANG+ Index 2X Leveraged ETN has a twelve month low of $48.67 and a twelve month high of $140.87. The stock has a market cap of $474.47 million, a price-to-earnings ratio of 38.58 and a beta of 2.36.

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.