MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) shot up 14.3% during trading on Thursday . The company traded as high as $17.73 and last traded at $17.55. 63,111 shares changed hands during trading, a decline of 52% from the average session volume of 132,325 shares. The stock had previously closed at $15.35.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The company has a 50 day simple moving average of $13.08 and a two-hundred day simple moving average of $14.25. The company has a market cap of $12.92 billion, a PE ratio of 46.28 and a beta of -4.76.
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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