MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) dropped 6.2% during trading on Tuesday . The company traded as low as $23.02 and last traded at $23.16. Approximately 56,991 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 95,278 shares. The stock had previously closed at $24.70.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 6.2%
The firm has a market capitalization of $8.11 million, a price-to-earnings ratio of 29.43 and a beta of -4.53. The business’s 50-day simple moving average is $25.88 and its two-hundred day simple moving average is $47.03.
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.
Read More
- Five stocks we like better than MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Receive News & Ratings for MicroSectors FANG & Innovation -3x Inverse 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 Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
