BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report)’s share price was up 4.7% during trading on Wednesday . The stock traded as high as $12.06 and last traded at $11.98. Approximately 2,211,743 shares were traded during trading, a decline of 61% from the average daily volume of 5,681,764 shares. The stock had previously closed at $11.44.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Stock Performance
The firm has a market cap of $8.62 billion, a price-to-earnings ratio of 37.73 and a beta of -5.03. The stock’s fifty day moving average is $13.76 and its two-hundred day moving average is $19.50.
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.
Further Reading
- Five stocks we like better than BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN
- With Risk Tolerance, One Size Does Not Fit All
- 3 Steel Stocks Soaring After Tariff Announcements
- 5 discounted opportunities for dividend growth investors
- Top Analysts’ Picks for 2025: 3 of Morgan Stanley’s Favorites
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Why Salesforce Stock Could Be at Fresh Highs by February
Receive News & Ratings for BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
