MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – What’s Next?

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $37.73, but opened at $35.71. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $36.07, with a volume of 85,688 shares.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 37.09 and a beta of 4.97. The company’s fifty day moving average price is $35.41 and its 200-day moving average price is $32.51.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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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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