Range India Financials ETF (NYSEARCA:INDF) Shares Down 17.5% – Here’s What Happened

Shares of Range India Financials ETF (NYSEARCA:INDFGet Free Report) traded down 17.5% during mid-day trading on Tuesday . The stock traded as low as $31.00 and last traded at $31.1750. 45,387 shares traded hands during trading, an increase of 1,037% from the average session volume of 3,993 shares. The stock had previously closed at $37.81.

Range India Financials ETF Stock Down 17.5%

The company has a market cap of $9.35 million, a price-to-earnings ratio of 19.06 and a beta of 0.71. The company has a fifty day simple moving average of $31.17 and a two-hundred day simple moving average of $33.05.

About Range India Financials ETF

(Get Free Report)

The Nifty India Financials ETF (INDF) is an exchange-traded fund that is based on the Nifty Financial Services 25\u002F50 index. The fund is passively managed to select the top 20 Indian financial services companies by market capitalization. INDF was launched on Oct 21, 2020 and is managed by Nifty.

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