MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Trading Down 11% – Here’s What Happened

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) shares were down 11% during mid-day trading on Tuesday . The company traded as low as $25.84 and last traded at $25.8040. 271,571 shares were traded during trading, a decline of 85% from the average daily volume of 1,789,052 shares. The stock had previously closed at $28.99.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 37.09 and a beta of 4.95. The business has a 50 day moving average of $40.28 and a 200 day moving average of $30.86.

About MicroSectors FANG & Innovation 3x Leveraged ETN

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for MicroSectors FANG & Innovation 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG & Innovation 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.