Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) were up 1.4% on Thursday . The stock traded as high as $2.87 and last traded at $2.82. Approximately 683,697 shares traded hands during mid-day trading, an increase of 34% from the average daily volume of 510,674 shares. The stock had previously closed at $2.78.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Down 2.5%
The company has a 50 day simple moving average of $3.09 and a two-hundred day simple moving average of $4.68. The firm has a market capitalization of $1.10 million, a P/E ratio of 29.43 and a beta of -4.47.
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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