MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Short Interest Update

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 539,165 shares, a decline of 74.0% from the June 30th total of 2,074,277 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 978,142 shares, the short-interest ratio is currently 0.6 days.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Down 8.3%

NYSEARCA BULZ traded down $2.70 during trading on Friday, reaching $29.66. 1,068,112 shares of the company’s stock were exchanged, compared to its average volume of 1,809,113. MicroSectors FANG & Innovation 3x Leveraged ETN has a fifty-two week low of $14.96 and a fifty-two week high of $56.09. The company’s fifty day simple moving average is $40.53 and its 200-day simple moving average is $30.82. The firm has a market capitalization of $2.52 billion, a PE ratio of 37.09 and a beta of 4.95.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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.