BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) dropped 4.7% during trading on Friday . The company traded as low as $12.88 and last traded at $12.91. Approximately 937,409 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 2,832,557 shares. The stock had previously closed at $13.54.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Price Performance
The company has a market capitalization of $9.49 billion, a price-to-earnings ratio of 37.73 and a beta of -5.03. The business’s 50 day simple moving average is $15.44 and its 200 day simple moving average is $20.71.
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.
Featured Stories
- Five stocks we like better than BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN
- What Do S&P 500 Stocks Tell Investors About the Market?
- Quantum Opportunity: Skywater Technology’s Long-Term Potential
- Best Aerospace Stocks Investing
- Nebius Group: The Rising Star in AI Infrastructure
- Market Cap Calculator: How to Calculate Market Cap
- MarketBeat Week in Review – 12/30 – 1/03
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.
