MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price shot up 5.5% on Thursday . The company traded as high as $12.73 and last traded at $13.30. 10,805 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 153,422 shares. The stock had previously closed at $12.60.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The firm’s 50-day moving average is $12.10 and its two-hundred day moving average is $15.29. The stock has a market cap of $9.74 billion, a P/E ratio of 14.84 and a beta of -4.76.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile
The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) 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. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.
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