Shares of BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 7,226,925 shares traded hands during mid-day trading, an increase of 20% from the previous session’s volume of 5,997,975 shares.The stock last traded at $13.07 and had previously closed at $13.04.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Price Performance
The business’s 50-day moving average is $14.94 and its two-hundred day moving average is $20.40. The firm has a market cap of $10.20 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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