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 covered or closed out. As of May 15th, investors have sold 1,590,000 shares of FNGD short. Learn More on BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN's current short interest.

BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,590,000 shares, an increase of 70.8% from the previous total of 931,100 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.

Here is how the short interest of companies compare to BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN: ROBO Global Artificial Intelligence ETF (0.74%), VanEck Digital Transformation ETF (0.81%), Avantis Responsible International Equity ETF (0.50%), Valkyrie Bitcoin Miners ETF (9.39%), OneAscent Core Plus Bond ETF (0.57%), Fidelity Disruptive Technology ETF (0.06%), Fidelity Crypto Industry and Digital Payments ETF (0.13%), Goldman Sachs Future Tech Leaders Equity ETF (0.15%), SPDR MSCI ACWI Climate Paris Aligned ETF (0.18%), Strategas Macro Thematic Opportunities ETF (0.32%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($29.20 billion), Strategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Co. ($5.51 billion), Charter Communications, Inc. ($5.00 billion), Super Micro Computer, Inc. ($4.43 billion), Apollo Global Management, Inc. ($4.02 billion), Hims & Hers Health, Inc. ($3.65 billion), VanEck Semiconductor ETF ($3.27 billion), and Coinbase Global, Inc. ($3.10 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. 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, 15 2025.