MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Sees Large Increase in Short Interest

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 77,305 shares, a growth of 365.3% from the January 29th total of 16,613 shares. Based on an average trading volume of 316,289 shares, the short-interest ratio is presently 0.2 days. Approximately 0.9% of the shares of the stock are short sold. Approximately 0.9% of the shares of the stock are short sold. Based on an average trading volume of 316,289 shares, the short-interest ratio is presently 0.2 days.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 0.5%

Shares of BULZ stock opened at $20.84 on Friday. The business has a 50-day moving average price of $24.67 and a two-hundred day moving average price of $24.97. MicroSectors FANG & Innovation 3x Leveraged ETN has a 12-month low of $5.70 and a 12-month high of $33.56. The firm has a market cap of $1.77 billion, a P/E ratio of 37.09 and a beta of 4.45.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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.