Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report) were down 9.7% during trading on Friday. The company traded as low as $35.69 and last traded at $35.2060. Approximately 581,206 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 1,440,324 shares. The stock had previously closed at $38.98.
MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 10.3%
The firm has a 50 day moving average price of $40.13 and a 200 day moving average price of $37.42. The stock has a market cap of $2.97 billion, a PE ratio of 37.09 and a beta of 5.02.
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.
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