Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) traded down 6.6% during mid-day trading on Monday . The stock traded as low as $22.16 and last traded at $22.75. 122,543 shares changed hands during trading, an increase of 31% from the average session volume of 93,366 shares. The stock had previously closed at $24.36.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Up 7.6%
The company has a market cap of $9.17 million, a price-to-earnings ratio of 29.43 and a beta of -4.53. The business has a fifty day moving average of $34.28 and a two-hundred day moving average of $50.53.
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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