Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) saw unusually-high trading volume on Monday . Approximately 73,095 shares were traded during mid-day trading, a decline of 30% from the previous session’s volume of 104,843 shares.The stock last traded at $17.42 and had previously closed at $17.13.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The stock’s fifty day moving average price is $18.73 and its 200-day moving average price is $21.70. The company has a market capitalization of $12.65 billion, a P/E 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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