BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $11.13 and last traded at $11.11, with a volume of 3739850 shares trading hands. The stock had previously closed at $11.52.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Stock Down 4.3 %
The company has a 50 day simple moving average of $12.77 and a 200 day simple moving average of $18.59. The stock has a market cap of $8.04 billion, a price-to-earnings 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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