MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Short Interest Down 74.0% in July

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 539,165 shares, a decrease of 74.0% from the June 30th total of 2,074,277 shares. Based on an average daily volume of 978,142 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.6% of the company’s stock are short sold.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 2.3%

Shares of BULZ opened at $28.99 on Tuesday. The business’s fifty day moving average is $40.28 and its 200 day moving average is $30.86. MicroSectors FANG & Innovation 3x Leveraged ETN has a 12-month low of $14.96 and a 12-month high of $56.09. The stock has a market cap of $2.46 billion, a P/E ratio of 37.09 and a beta of 4.95.

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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