Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report) fell 17.3% during mid-day trading on Thursday. The company traded as low as $23.03 and last traded at $22.3420. Approximately 291,335 shares were traded during mid-day trading, a decline of 79% from the average session volume of 1,392,039 shares. The stock had previously closed at $27.01.
MicroSectors FANG & Innovation 3x Leveraged ETN Trading Down 23.0%
The firm has a 50-day moving average of $38.92 and a 200 day moving average of $33.40. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 37.09 and a beta of 5.11.
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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