MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s stock price dropped 6.2% during mid-day trading on Tuesday . The company traded as low as $23.02 and last traded at $23.16. Approximately 56,991 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 95,278 shares. The stock had previously closed at $24.70.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Down 6.2%
The company has a fifty day simple moving average of $25.88 and a two-hundred day simple moving average of $47.03. The company has a market cap of $8.11 million, a PE ratio of 29.43 and a beta of -4.53.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
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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