Short Interest in MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Increases By 299.9%

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 298,260 shares, an increase of 299.9% from the November 30th total of 74,584 shares. Based on an average daily volume of 231,059 shares, the short-interest ratio is presently 1.3 days. Currently, 3.5% of the shares of the stock are sold short. Currently, 3.5% of the shares of the stock are sold short. Based on an average daily volume of 231,059 shares, the short-interest ratio is presently 1.3 days.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Up 1.0%

BULZ stock traded up $2.67 during trading hours on Thursday, hitting $275.37. 57,433 shares of the stock traded hands, compared to its average volume of 221,847. The stock has a 50-day simple moving average of $272.49 and a 200 day simple moving average of $227.26. The company has a market cap of $2.34 billion, a P/E ratio of 37.09 and a beta of 4.45. MicroSectors FANG & Innovation 3x Leveraged ETN has a one year low of $57.00 and a one year high of $335.58.

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.