BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD) Stock Price Down 4.7% – Here’s What Happened

BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN ( NYSEARCA:FNGD – Get Free Report ) dropped 4.7% during trading on Friday . The company traded as low as $12.

88 and last traded at $12.91. Approximately 937,409 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 2,832,557 shares.



The stock had previously closed at $13.54. BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Price Performance The company has a market capitalization of $9.

49 billion, a price-to-earnings ratio of 37.73 and a beta of -5.03.

The business’s 50 day simple moving average is $15.44 and its 200 day simple moving average is $20.71.

About BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN ( Get Free Report ) 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. Featured Stories 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 .

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