MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Shares Down 2.4% – Here’s What Happened

Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report) were down 2.4% during mid-day trading on Tuesday . The company traded as low as $100.87 and last traded at $101.87. Approximately 23,738 shares were traded during trading, an increase of 18% from the average daily volume of 20,059 shares. The stock had previously closed at $104.38.

MicroSectors FANG+ Index 2X Leveraged ETN Trading Down 2.4 %

The stock has a market capitalization of $74.29 billion, a P/E ratio of 92.44 and a beta of 3.35. The business has a fifty day simple moving average of $96.97 and a 200 day simple moving average of $81.97.

About MicroSectors FANG+ Index 2X Leveraged ETN

(Get Free Report)

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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