MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Climb 4.7% – Still a Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report)’s share price shot up 4.7% during trading on Monday. The stock traded as high as $36.79 and last traded at $36.2510. Approximately 56,417 shares changed hands during trading, a decline of 96% from the average daily volume of 1,435,624 shares. The stock had previously closed at $34.62.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Up 9.1%

The company has a market capitalization of $3.21 billion, a PE ratio of 37.09 and a beta of 5.02. The firm has a 50-day moving average of $40.09 and a two-hundred day moving average of $37.55.

About MicroSectors FANG & Innovation 3x Leveraged ETN

(Get Free Report)

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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