FNGO Short Volume
MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $602.5M, listed on AMEX, carrying a beta of 2.72 to the broader market. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. public since 2018-08-23.
Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.
- Latest Date
- 2026-06-01
- Short Volume
- 1.6K
- Total Volume
- 7.2K
- Short %
- 22.36%
- 30-Day Avg Short %
- 20.02%
Showing 30 days of FINRA short volume data for MicroSectors FANG+ Index 2X Leveraged ETNs.
Learn how short volume is reported and how to read the data →
Frequently asked FNGO short volume questions
- What is the daily FNGO short volume?
- As of Jun 1, 2026, MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) short volume is 1.6K shares against 7.2K total reported volume, or 22.36% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is FNGO short volume reported?
- FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
- What does FNGO short volume tell options traders?
- Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.