BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report)’s stock price was up 4.7% on Tuesday . The stock traded as high as $12.39 and last traded at $12.36. Approximately 3,465,452 shares changed hands during trading, an increase of 77% from the average daily volume of 1,962,185 shares. The stock had previously closed at $11.80.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Trading Up 4.2 %
The firm’s 50 day moving average price is $17.34 and its 200-day moving average price is $22.19. The company has a market cap of $8.96 billion, a P/E 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.
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