MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock to Reverse Split on Tuesday, February 24th (NYSEARCA:BERZ)

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) shares are set to reverse split on the morning of Tuesday, February 24th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, February 23rd.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Up 0.6%

Shares of BERZ opened at $3.36 on Monday. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN has a twelve month low of $2.47 and a twelve month high of $26.15. The stock has a market cap of $1.34 million, a PE ratio of 29.43 and a beta of -4.47. The business’s 50-day moving average price is $2.82 and its 200-day moving average price is $3.44.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

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.