Short Interest in MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Declines By 89.7%

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 30,582 shares, a decline of 89.7% from the December 15th total of 298,260 shares. Based on an average trading volume of 176,298 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 176,298 shares, the short-interest ratio is currently 0.2 days.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

NYSEARCA BULZ traded down $14.22 on Wednesday, reaching $271.54. 264,611 shares of the stock traded hands, compared to its average volume of 268,353. MicroSectors FANG & Innovation 3x Leveraged ETN has a 12 month low of $57.00 and a 12 month high of $335.58. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 37.09 and a beta of 4.45. The company has a fifty day moving average price of $263.65 and a 200-day moving average price of $238.89.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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.