MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price fell 3.3% on Wednesday . The company traded as low as $15.41 and last traded at $15.22. 66,549 shares traded hands during trading, a decline of 50% from the average session volume of 131,831 shares. The stock had previously closed at $15.75.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 3.1 %
The firm’s 50-day simple moving average is $13.00 and its 200-day simple moving average is $14.24. The firm has a market capitalization of $11.13 billion, a P/E ratio of 41.53 and a beta of -4.76.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
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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