BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) shares shot up 2.1% on Thursday . The company traded as high as $16.63 and last traded at $16.36. 4,687,719 shares were traded during mid-day trading, an increase of 56% from the average session volume of 3,006,220 shares. The stock had previously closed at $16.03.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Trading Up 2.1 %
The business has a 50 day moving average of $13.51 and a two-hundred day moving average of $16.56. The firm has a market cap of $196.32 million, a P/E ratio of 44.65 and a beta of -3.00.
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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