MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s stock price shot up 4.3% during mid-day trading on Thursday . The stock traded as high as $14.95 and last traded at $14.41. 22,173 shares were traded during trading, a decline of 86% from the average session volume of 158,440 shares. The stock had previously closed at $13.82.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The stock has a market capitalization of $11.21 billion, a price-to-earnings ratio of 14.84 and a beta of -4.76. The company has a fifty day simple moving average of $12.24 and a 200 day simple moving average of $15.10.
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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