MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Short Interest Update

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 539,165 shares, a drop of 74.0% from the June 30th total of 2,074,277 shares. Based on an average daily trading volume, of 978,142 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.6% of the company’s shares are short sold.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 8.3%

Shares of BULZ stock traded down $2.70 during trading hours on Friday, reaching $29.66. 1,068,112 shares of the stock traded hands, compared to its average volume of 1,809,113. MicroSectors FANG & Innovation 3x Leveraged ETN has a 1-year low of $14.96 and a 1-year high of $56.09. The business has a fifty day moving average price of $40.53 and a 200 day moving average price of $30.82. The firm has a market capitalization of $2.52 billion, a PE ratio of 37.09 and a beta of 4.95.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.