MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Sees Large Volume Increase

Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) saw unusually-high trading volume on Thursday . Approximately 49,438 shares were traded during mid-day trading, a decline of 52% from the previous session’s volume of 103,034 shares.The stock last traded at $19.52 and had previously closed at $21.10.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 1.2 %

The company has a market cap of $13.70 billion, a P/E ratio of 34.87 and a beta of -4.76. The business has a fifty day simple moving average of $21.59 and a two-hundred day simple moving average of $23.83.

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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