MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Sees Unusually-High Trading Volume

Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 13,080 shares changed hands during trading, a decline of 59% from the previous session’s volume of 31,562 shares.The stock last traded at $77.05 and had previously closed at $76.43.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Up 3.3 %

The business has a 50-day moving average price of $65.17 and a two-hundred day moving average price of $57.62. The company has a market cap of $59.40 billion, a P/E ratio of 92.44 and a beta of 3.35.

About MicroSectors FANG+ Index 2X Leveraged ETN

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The MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund provides 2x the daily price movements of an index of US-listed technology and consumer discretionary companies. The index is highly concentrated and equally weighted. FNGO was launched on Aug 6, 2018 and is issued by REX Microsectors.

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