MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Stock Price Down 6.2% – Here’s What Happened

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) was down 6.2% during trading on Tuesday . The company traded as low as $23.02 and last traded at $23.16. 56,991 shares changed hands during trading, a decline of 40% from the average session volume of 95,278 shares. The stock had previously closed at $24.70.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance

The firm has a fifty day simple moving average of $25.56 and a two-hundred day simple moving average of $46.82. The firm has a market capitalization of $8.85 million, a P/E ratio of 29.43 and a beta of -4.56.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

(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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