BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $13.66, but opened at $13.31. BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN shares last traded at $13.02, with a volume of 1,161,368 shares.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Price Performance
The firm has a market cap of $9.49 billion, a price-to-earnings ratio of 37.73 and a beta of -5.03. The firm’s fifty day moving average is $15.44 and its 200-day moving average is $20.74.
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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