Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) dropped 8.3% on Monday . The stock traded as low as $134.00 and last traded at $132.5690. Approximately 429 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 11,011 shares. The stock had previously closed at $144.49.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Up 3.0%
The company has a market capitalization of $665.04 million, a P/E ratio of 38.58 and a beta of 2.64. The stock has a fifty day simple moving average of $120.35 and a 200-day simple moving average of $113.76.
About MicroSectors FANG+ Index 2X Leveraged ETN
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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