BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (FNGD) Short Interest Ratio & Short Volume

Short interest is the volume of BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN shares that have been sold short but have not yet been closed out or covered. As of May 31st, traders have sold 994,600 shares of FNGD short. 8.29% of BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN's shares are currently sold short. Learn More on BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 8.29% of BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN's floating shares are currently sold short.

BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN saw a drop in short interest in May. As of May 31st, there was short interest totaling 994,600 shares, a drop of 37.4% from the previous total of 1,590,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

8.29% of BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN's shares are currently sold short. Here is how the short interest of companies compare to BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN: God Bless America ETF (0.06%), Pimco Rafi Esg U.S. Etf (0.11%), SPDR FactSet Innovative Technology ETF (0.56%), Innovator Deepwater Frontier Tech ETF (1.03%), Fidelity Disruptors ETF (0.02%), Inspire Fidelis Multi Factor ETF (0.12%), ALPS Clean Energy ETF (3.46%), VanEck Environmental Services ETF (0.01%), Invesco ESG NASDAQ 100 ETF (1.50%), KraneShares China Internet and Covered Call Strategy ETF (0.81%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($64.96 billion), Invesco QQQ ($27.88 billion), iShares Russell 2000 ETF ($19.94 billion), iShares 20+ Year Treasury Bond ETF ($9.69 billion), MicroStrategy Incorporated ($8.58 billion), SPDR S&P Biotech ETF ($5.72 billion), Invesco S&P 500 Equal Weight ETF ($5.45 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.70 billion), Charter Communications, Inc. ($4.54 billion), and Industrial Select Sector SPDR Fund ($4.49 billion). View all of the most shorted stocks.

Short selling FNGD is an investing strategy that aims to generate trading profit from BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN as its price is falling. FNGD shares are trading down $0.31 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FNGD, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FNGD, twice per month. The most recent reporting period available is May, 31 2025.