BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD – Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $16.13 and last traded at $16.19, with a volume of 2298117 shares changing hands. The stock had previously closed at $16.53.
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Price Performance
The firm has a market capitalization of $11.94 billion, a P/E ratio of 37.73 and a beta of -5.03. The stock has a fifty day moving average of $20.67 and a 200 day moving average of $25.08.
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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