MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) dropped 1.9% during trading on Friday . The company traded as low as $18.64 and last traded at $19.08. 69,345 shares changed hands during trading, a decline of 20% from the average session volume of 87,028 shares. The stock had previously closed at $19.45.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Down 1.9%
The stock has a fifty day moving average of $23.04 and a two-hundred day moving average of $34.34. The stock has a market capitalization of $6.68 million, a price-to-earnings ratio of 29.43 and a beta of -4.60.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) 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. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.
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