MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report)’s stock price dropped 7.7% during trading on Thursday . The stock traded as low as $25.17 and last traded at $24.9260. Approximately 1,909,922 shares traded hands during trading, a decline of 69% from the average daily volume of 6,194,460 shares. The stock had previously closed at $27.01.
MicroSectors FANG+ 3X Leveraged ETN Stock Down 5.9%
The stock has a market capitalization of $2.03 billion, a PE ratio of 37.17 and a beta of 6.41. The business’s 50-day moving average is $28.43 and its two-hundred day moving average is $23.73.
About MicroSectors FANG+ 3X Leveraged ETN
The MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology and consumer discretionary companies. FNGU was launched on Jan 22, 2018 and is issued by REX Microsectors.
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