BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report)’s share price traded down 4.7% during mid-day trading on Friday . The company traded as low as $12.88 and last traded at $12.91. 937,409 shares traded 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 Trading Down 3.2 %
The business’s 50 day moving average price is $15.57 and its two-hundred day moving average price is $20.81. The company has a market capitalization of $9.55 billion, a price-to-earnings ratio of 37.73 and a beta of -5.03.
About BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN
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.
See Also
- Five stocks we like better than BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN
- Roth IRA Calculator: Calculate Your Potential Returns
- Rivian Defies Doubters: Delivery Triumph Fuels Stock Surge
- What is a Bond Market Holiday? How to Invest and Trade
- Hindenburg Short Report Slams Carvana Over Alleged ‘Grift’
- How to Plot Fibonacci Price Inflection Levels
- MicroStrategy Feels Bitcoin’s Weight: 2 Smart Dips to Watch
Receive News & Ratings for BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
