MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s stock price dropped 2.5% on Friday. The company traded as low as $15.71 and last traded at $16.30. 53,937 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 84,421 shares. The stock had previously closed at $16.71.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 2.5%
The firm’s 50 day moving average is $20.67 and its 200-day moving average is $29.76. The firm has a market cap of $5.71 million, a PE ratio of 29.43 and a beta of -4.61.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile
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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