BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $14.41, but opened at $13.97. BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN shares last traded at $13.64, with a volume of 865,162 shares trading hands.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Trading Down 8.6 %
The business has a 50-day moving average price of $18.07 and a 200 day moving average price of $22.70. The stock has a market capitalization of $9.60 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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