MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) shares rose 5.3% during trading on Tuesday . The company traded as high as $17.65 and last traded at $17.38. Approximately 18,877 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 104,063 shares. The stock had previously closed at $16.50.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The business has a fifty day simple moving average of $20.32 and a 200-day simple moving average of $22.70. The firm has a market cap of $12.62 billion, a price-to-earnings 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.
Further Reading
- Five stocks we like better than MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Goldman Sachs Earnings Reveal Market Moves Investors Can’t Ignore
- What is Put Option Volume?
- AMD Gains Momentum With AI: Can It Beat Expectations?
- Golden Cross Stocks: Pattern, Examples and Charts
- Lithium Grab: 2 Lithium Stocks That Could Be Takeover Targets
Receive News & Ratings for MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG & Innovation -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
