MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Down 13.7% – What’s Next?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price was down 13.7% on Friday . The company traded as low as $42.68 and last traded at $43.07. Approximately 1,040,975 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 2,044,172 shares. The stock had previously closed at $49.89.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

The stock has a market cap of $3.50 billion, a PE ratio of 37.09 and a beta of 4.92. The company’s 50-day moving average price is $34.42 and its 200 day moving average price is $27.84.

About MicroSectors FANG & Innovation 3x Leveraged ETN

(Get Free Report)

The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) is an exchange-traded fund that is based on the Solactive FANG Innovation index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology companies. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

Further Reading

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