BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report)’s share price rose 5.9% during trading on Tuesday . The company traded as high as $13.17 and last traded at $13.00. Approximately 6,533,598 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 5,543,330 shares. The stock had previously closed at $12.28.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Stock Up 0.9 %
The firm has a market capitalization of $9.60 billion, a PE ratio of 37.73 and a beta of -5.03. The company’s 50-day simple moving average is $15.08 and its 200 day simple moving average is $20.45.
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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