BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGD) Shares Gap Down – Should You Sell?

BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN (NYSEARCA:FNGDGet Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $13.66, but opened at $13.31. BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN shares last traded at $13.02, with a volume of 1,161,368 shares traded.

BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN Stock Performance

The stock’s fifty day simple moving average is $15.44 and its two-hundred day simple moving average is $20.74. The stock has a market capitalization of $9.49 billion, a P/E ratio of 37.73 and a beta of -5.03.

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.