MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Short Interest Up 699.5% in February

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 618,046 shares, an increase of 699.5% from the February 12th total of 77,305 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,871,904 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 2,871,904 shares, the short-interest ratio is currently 0.2 days. Currently, 0.7% of the shares of the stock are sold short.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

BULZ traded up $0.94 during midday trading on Wednesday, hitting $23.22. The company had a trading volume of 535,369 shares, compared to its average volume of 2,634,903. MicroSectors FANG & Innovation 3x Leveraged ETN has a twelve month low of $5.70 and a twelve month high of $33.56. The firm’s 50-day simple moving average is $23.93 and its 200-day simple moving average is $25.13. The company has a market capitalization of $1.97 billion, a PE ratio of 37.09 and a beta of 4.45.

About MicroSectors FANG & Innovation 3x Leveraged ETN

(Get Free Report)

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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