MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s stock price rose 4.6% during mid-day trading on Thursday . The stock traded as high as $15.44 and last traded at $15.74. Approximately 14,006 shares traded hands during trading, a decline of 92% from the average daily volume of 166,199 shares. The stock had previously closed at $15.04.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Down 10.0 %
The company has a 50-day moving average of $12.64 and a 200-day moving average of $14.94. The company has a market capitalization of $10.59 billion, a price-to-earnings ratio of 14.84 and a beta of -4.76.
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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