Short Interest in MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Grows By 64.3%

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 213,900 shares, an increase of 64.3% from the September 15th total of 130,200 shares. Based on an average daily volume of 193,900 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 193,900 shares, the days-to-cover ratio is presently 1.1 days.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Up 4.7%

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN stock opened at $279.81 on Friday. The company has a market cap of $2.38 billion, a PE ratio of 37.09 and a beta of 4.41. MicroSectors FANG & Innovation 3x Leveraged ETN has a 52 week low of $57.00 and a 52 week high of $297.72. The business has a 50 day moving average price of $237.20 and a 200-day moving average price of $177.13.

About MicroSectors FANG & Innovation 3x Leveraged ETN

The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.