MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Trading 8.2% Higher – What’s Next?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) was up 8.2% on Tuesday . The company traded as high as $16.60 and last traded at $16.5340. Approximately 574,327 shares traded hands during trading, a decline of 76% from the average daily volume of 2,369,772 shares. The stock had previously closed at $15.28.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

The company has a fifty day simple moving average of $21.63 and a two-hundred day simple moving average of $25.03. The firm has a market capitalization of $1.57 billion, a PE ratio of 37.09 and a beta of 4.45.

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.