MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Short Interest Down 50.2% in May

Posted by Donna Armstrong on Jun 3rd, 2026

MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,024,058 shares, a decrease of 50.2% from the April 30th total of 8,076,228 shares. Based on an average trading volume of 6,672,832 shares, the short-interest ratio is currently 0.6 days. Approximately 5.0% of the shares of the stock are sold short.

MicroSectors FANG+ 3X Leveraged ETN Price Performance

FNGU traded down $1.27 during trading on Wednesday, reaching $34.47. 4,565,846 shares of the stock were exchanged, compared to its average volume of 6,492,661. The business’s 50 day moving average price is $23.92 and its two-hundred day moving average price is $23.74. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 37.17 and a beta of 5.66. MicroSectors FANG+ 3X Leveraged ETN has a 1 year low of $13.48 and a 1 year high of $36.78.

About MicroSectors FANG+ 3X Leveraged ETN

(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.