MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Down 4.2% – Here’s Why

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) fell 4.2% during trading on Wednesday . The stock traded as low as $2.65 and last traded at $2.72. 1,963,031 shares were traded during mid-day trading, an increase of 33% from the average session volume of 1,473,187 shares. The stock had previously closed at $2.84.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance

The firm has a market cap of $1.09 million, a price-to-earnings ratio of 29.43 and a beta of -4.47. The business has a fifty day moving average of $2.90 and a two-hundred day moving average of $3.75.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

(Get Free Report)

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.

See Also

Receive News & Ratings for MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG & Innovation -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.