MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Down 7.4% – Here’s What Happened

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) shares were down 7.4% on Monday . The stock traded as low as $33.76 and last traded at $33.9750. 159,896 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 1,671,991 shares. The stock had previously closed at $36.69.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 3.7%

The firm has a fifty day moving average price of $36.14 and a 200-day moving average price of $31.91. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 37.09 and a beta of 4.97.

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.

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