MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Sees Large Drop in Short Interest

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 342,098 shares, a drop of 74.0% from the August 31st total of 1,315,973 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 513,930 shares, the days-to-cover ratio is currently 0.7 days.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

NYSEARCA:BULZ traded down $3.24 during mid-day trading on Monday, reaching $42.24. 404,798 shares of the company’s stock traded hands, compared to its average volume of 1,519,169. MicroSectors FANG & Innovation 3x Leveraged ETN has a 12-month low of $14.96 and a 12-month high of $56.09. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 37.09 and a beta of 4.99. The company has a 50 day moving average price of $36.99 and a 200-day moving average price of $35.17.

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.

Featured Stories

Receive News & Ratings for MicroSectors FANG & Innovation 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG & Innovation 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.