Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) dropped 2.6% during mid-day trading on Wednesday . The company traded as low as $22.01 and last traded at $22.01. Approximately 33,854 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 103,765 shares. The stock had previously closed at $22.60.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 0.0 %
The business has a 50-day moving average price of $20.68 and a 200-day moving average price of $24.46. The firm has a market capitalization of $16.47 billion, a PE ratio of 34.87 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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