MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Sees Strong Trading Volume – Here’s What Happened

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) saw unusually-strong trading volume on Friday . Approximately 264,062 shares traded hands during mid-day trading, an increase of 27% from the previous session’s volume of 207,615 shares.The stock last traded at $269.5120 and had previously closed at $259.40.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The firm’s 50 day simple moving average is $265.22 and its two-hundred day simple moving average is $236.67. The firm has a market capitalization of $2.35 billion, a P/E ratio of 37.09 and a beta of 4.45.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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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.

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