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

Range India Financials ETF (NYSEARCA:INDFGet Free Report) fell 17.5% during mid-day trading on Tuesday . The stock traded as low as $31.00 and last traded at $31.1750. Approximately 45,387 shares changed hands during mid-day trading, an increase of 906% from the average daily volume of 4,511 shares. The stock had previously closed at $37.81.

Range India Financials ETF Stock Down 17.5%

The business has a 50-day moving average price of $31.17 and a 200-day moving average price of $31.18. The firm has a market capitalization of $9.35 million, a price-to-earnings ratio of 19.06 and a beta of 0.71.

Range India Financials ETF Company Profile

(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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