MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s stock price was down 6.6% on Monday . The company traded as low as $22.16 and last traded at $22.75. Approximately 122,543 shares changed hands during mid-day trading, an increase of 31% from the average daily volume of 93,366 shares. The stock had previously closed at $24.36.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 6.6%
The business has a 50-day simple moving average of $36.37 and a two-hundred day simple moving average of $51.20. The stock has a market capitalization of $7.96 million, a P/E ratio of 29.43 and a beta of -4.53.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
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.
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