MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Short Interest Up 48.4% in August

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,086,523 shares, an increase of 48.4% from the July 30th total of 732,312 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average daily volume of 871,643 shares, the short-interest ratio is presently 1.2 days.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

NYSEARCA BULZ opened at $35.90 on Wednesday. The stock’s fifty day moving average price is $35.39 and its 200 day moving average price is $32.61. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 37.09 and a beta of 4.97. MicroSectors FANG & Innovation 3x Leveraged ETN has a 1 year low of $14.96 and a 1 year high of $56.09.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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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.

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