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FNGD to undergo 1-10 reverse split on Feb. 9, 2026, to boost share price.
Short interest in FNGS rose 43.2% in January to 79,725 shares, with a days-to-cover ratio of 1.0.
Meanwhile, FNGD is set for a 1-10 reverse split on February 9, 2026, aimed at increasing its share price.
FNGD, a leveraged inverse ETN, had a share price of $5.72 and a market cap of $2 million, with JPMorgan holding 3.01% and another firm buying 10,531 shares.
The split, which doesn’t change the fund’s value, may improve trading perception.
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FNGD se someterá a una división inversa 1-10 el 9 de febrero de 2026, para impulsar el precio de las acciones.