MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Sees Large Volume Increase

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) saw unusually-strong trading volume on Monday . Approximately 68,762 shares traded hands during trading, a decline of 13% from the previous session’s volume of 78,753 shares.The stock last traded at $27.33 and had previously closed at $28.50.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 5.9 %

The business has a fifty day moving average of $27.93 and a 200 day moving average of $38.97. The company has a market cap of $19.55 billion, a P/E ratio of 34.87 and a beta of -4.76.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

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The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) 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. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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