MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Down 10.7% – What’s Next?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s share price was down 10.7% during trading on Tuesday . The company traded as low as $41.74 and last traded at $41.6410. Approximately 1,421,576 shares changed hands during trading, a decline of 36% from the average daily volume of 2,225,670 shares. The stock had previously closed at $46.65.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

The stock has a market cap of $3.67 billion, a PE ratio of 37.09 and a beta of 4.78. The business has a 50-day moving average of $25.15 and a 200 day moving average of $25.62.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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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.

Further Reading

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