Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) saw strong trading volume on Friday . 192,512 shares traded hands during mid-day trading, an increase of 27% from the previous session’s volume of 151,514 shares.The stock last traded at $10.09 and had previously closed at $10.72.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The stock’s 50-day moving average price is $14.88 and its 200 day moving average price is $13.79. The firm has a market capitalization of $7.26 billion, a PE ratio of 29.43 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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