MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Short Interest Update

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 81,363 shares, a growth of 89.3% from the June 15th total of 42,973 shares. Approximately 23.2% of the shares of the stock are sold short. Based on an average trading volume of 108,842 shares, the short-interest ratio is currently 0.7 days.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Up 6.1%

NYSEARCA:BERZ traded up $1.58 during midday trading on Friday, hitting $27.38. 129,849 shares of the stock were exchanged, compared to its average volume of 91,923. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN has a one year low of $18.44 and a one year high of $116.20. The company has a market capitalization of $9.58 million, a price-to-earnings ratio of 29.43 and a beta of -4.56. The business has a 50-day moving average price of $23.62 and a two-hundred day moving average price of $44.13.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

(Get Free Report)

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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