MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Short Interest Up 365.3% in February

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 77,305 shares, a growth of 365.3% from the January 29th total of 16,613 shares. Based on an average daily volume of 316,289 shares, the short-interest ratio is currently 0.2 days. Approximately 0.9% of the shares of the company are sold short. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 316,289 shares, the short-interest ratio is currently 0.2 days.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 0.5%

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN stock traded down $0.11 during trading on Friday, reaching $20.84. The company’s stock had a trading volume of 2,032,735 shares, compared to its average volume of 2,860,193. MicroSectors FANG & Innovation 3x Leveraged ETN has a 12-month low of $5.70 and a 12-month high of $33.56. The company has a market capitalization of $1.77 billion, a P/E ratio of 37.09 and a beta of 4.45. The business has a 50 day moving average price of $24.67 and a 200-day moving average price of $24.97.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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.