MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – Time to Sell?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $272.81, but opened at $263.11. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $268.0960, with a volume of 49,413 shares.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Down 0.0%

The business has a fifty day moving average price of $261.89 and a two-hundred day moving average price of $242.43. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 37.09 and a beta of 4.45.

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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