Short Interest in MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Declines By 89.7%

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 30,582 shares, a decrease of 89.7% from the December 15th total of 298,260 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 176,298 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 176,298 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the shares of the company are sold short.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Up 1.1%

BULZ traded up $3.13 on Monday, reaching $280.16. The stock had a trading volume of 210,603 shares, compared to its average volume of 273,400. MicroSectors FANG & Innovation 3x Leveraged ETN has a 12-month low of $57.00 and a 12-month high of $335.58. The company has a market cap of $2.38 billion, a P/E ratio of 37.09 and a beta of 4.45. The business’s 50-day moving average price is $264.33 and its two-hundred day moving average price is $237.88.

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.