MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Sees Unusually-High Trading Volume – Here’s Why

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) saw an uptick in trading volume on Monday . 141,778 shares traded hands during mid-day trading, an increase of 36% from the previous session’s volume of 104,416 shares.The stock last traded at $15.76 and had previously closed at $16.21.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance

The business’s fifty day moving average price is $19.03 and its two-hundred day moving average price is $22.10. The stock has a market capitalization of $11.63 billion, a P/E ratio of 34.87 and a beta of -4.76.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

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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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