MicroSectors FANG+ ETN (NYSEARCA:FNGS) Short Interest Update

MicroSectors FANG+ ETN (NYSEARCA:FNGS) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 58,170 shares, a decrease of 19.9% from the November 30th total of 72,600 shares. Based on an average daily volume of 49,720 shares, the short-interest ratio is presently 1.2 days. Currently, 0.8% of the company’s stock are sold short. Currently, 0.8% of the company’s stock are sold short. Based on an average daily volume of 49,720 shares, the short-interest ratio is presently 1.2 days.

MicroSectors FANG+ ETN Stock Down 0.9%

NYSEARCA:FNGS opened at $68.05 on Friday. MicroSectors FANG+ ETN has a twelve month low of $42.50 and a twelve month high of $74.43. The firm has a market capitalization of $510.38 million, a price-to-earnings ratio of 35.17 and a beta of 1.18. The stock’s 50 day moving average price is $70.50 and its two-hundred day moving average price is $68.10.

MicroSectors FANG+ ETN Company Profile

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.