MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Stock Price Up 7.8% – Here’s Why

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price was up 7.8% during mid-day trading on Monday . The company traded as high as $44.56 and last traded at $44.82. Approximately 129,999 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 1,546,739 shares. The stock had previously closed at $41.58.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Up 2.6%

The stock has a market capitalization of $4.02 billion, a P/E ratio of 37.09 and a beta of 4.99. The stock’s 50 day simple moving average is $36.33 and its 200 day simple moving average is $34.68.

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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