Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report) traded down 8.3% during trading on Thursday. The stock traded as low as $34.38 and last traded at $34.33. 649,109 shares were traded during mid-day trading, a decline of 54% from the average session volume of 1,403,305 shares. The stock had previously closed at $37.43.
MicroSectors FANG & Innovation 3x Leveraged ETN Trading Down 8.6%
The business’s 50-day simple moving average is $39.64 and its two-hundred day simple moving average is $33.38. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of 37.09 and a beta of 5.02.
About MicroSectors FANG & Innovation 3x Leveraged ETN
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.
Recommended Stories
- Five stocks we like better than MicroSectors FANG & Innovation 3x Leveraged ETN
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
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.
