MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Sees Unusually-High Trading Volume – Here’s What Happened

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report) saw an uptick in trading volume on Monday . 5,859 shares changed hands during mid-day trading, a decline of 22% from the previous session’s volume of 7,554 shares.The stock last traded at $116.5760 and had previously closed at $116.75.

MicroSectors FANG+ Index 2X Leveraged ETN Trading Down 0.0%

The company has a market cap of $583.65 million, a PE ratio of 38.58 and a beta of 2.36. The firm’s 50-day simple moving average is $123.67 and its two-hundred day simple moving average is $120.12.

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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