FNGS Short Volume

MicroSectors FANG+ ETN (FNGS) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $527.8M, listed on AMEX, carrying a beta of 1.18 to the broader market. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. public since 2019-11-13.

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
2026-05-15
Short Volume
1.0K
Total Volume
11.7K
Short %
8.75%
30-Day Avg Short %
28.59%

Showing 30 days of FINRA short volume data for MicroSectors FANG+ ETN.

Learn how short volume is reported and how to read the data →

Frequently asked FNGS short volume questions

What is the daily FNGS short volume?
As of May 15, 2026, MicroSectors FANG+ ETN (FNGS) short volume is 1.0K shares against 11.7K total reported volume, or 8.75% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is FNGS 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 FNGS 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.