Does Microsectors Fang Index -3x Inverse Leveraged Etn (NYSEARCA:FNGD) Have Gas After Even Less Sellers Involved?

The stock of Microsectors Fang Index -3x Inverse Leveraged Etn (NYSEARCA:FNGD) registered a decrease of 41.45% in short interest. FNGD’s total short interest was 16,100 shares in December as published by FINRA. Its down 41.45% from 27,500 shares, reported previously. With 43,000 shares average volume, it will take short sellers 0 days to cover their FNGD’s short positions.

The stock increased 7.44% or $2.38 during the last trading session, reaching $34.38. About 50,554 shares traded. MicroSectors FANG+ -3X Invrs Lvrgd ETN (NYSEARCA:FNGD) has 0.00% since December 8, 2017 and is . It has underperformed by 15.62% the S&P500.

More notable recent MicroSectors FANG+ -3X Invrs Lvrgd ETN (NYSEARCA:FNGD) news were published by: Seekingalpha.com which released: “The Most Dangerous FAANG – Seeking Alpha” on January 24, 2018, also Zacks.com with their article: “5 Inverse Leveraged ETFs Off to a Strong Start in September – Zacks.com” published on September 11, 2018, Seekingalpha.com published: “Tech lunch break: Semi Index +3.5% on strong earnings – Seeking Alpha” on November 01, 2018. More interesting news about MicroSectors FANG+ -3X Invrs Lvrgd ETN (NYSEARCA:FNGD) were released by: Businesswire.com and their article: “REX Shares and Bank of Montreal Launch 3X Leveraged “FANG+” Exchange Traded Notes on NYSE Arca – Business Wire” published on January 23, 2018 as well as Marketwatch.com‘s news article titled: “More Leveraged FANG ETNs Are Here – MarketWatch” with publication date: August 03, 2018.

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