MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – Time to Sell?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $324.80, but opened at $299.51. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $309.4750, with a volume of 104,736 shares traded.

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

The firm has a market cap of $2.60 billion, a P/E ratio of 37.09 and a beta of 4.45. The firm has a fifty day moving average of $254.18 and a 200-day moving average of $190.79.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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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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