Shares of BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) were up 5.6% on Friday . The company traded as high as $12.11 and last traded at $12.13. Approximately 2,112,600 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 5,095,229 shares. The stock had previously closed at $11.48.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Price Performance
The company has a market capitalization of $9.12 billion, a P/E ratio of 37.73 and a beta of -5.03. The business has a 50-day moving average of $12.42 and a 200-day moving average of $17.76.
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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