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 unusually-strong trading volume on Friday . Approximately 9,027 shares traded hands during trading, a decline of 41% from the previous session’s volume of 15,340 shares.The stock last traded at $95.54 and had previously closed at $92.42.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance

The company has a market cap of $69.99 billion, a P/E ratio of 92.44 and a beta of 3.35. The stock has a 50-day moving average of $88.00 and a two-hundred day moving average of $77.03.

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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