BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) fell 4.7% on Friday . The stock traded as low as $12.88 and last traded at $12.91. 937,409 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 2,832,557 shares. The stock had previously closed at $13.54.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Stock Performance
The business has a 50 day simple moving average of $15.57 and a 200-day simple moving average of $20.81. The firm has a market cap of $9.55 billion, a price-to-earnings ratio of 37.73 and a beta of -5.03.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Company Profile
The MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks -3x the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure. FNGD was launched on Jan 25, 2018 and is issued by REX Microsectors.
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