MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) was up 12.9% during trading on Monday . The stock traded as high as $31.62 and last traded at $29.24. Approximately 76,784 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 98,055 shares. The stock had previously closed at $25.91.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Up 3.5 %
The company has a market capitalization of $21.03 billion, a P/E ratio of 34.87 and a beta of -4.76. The firm has a fifty day moving average of $21.08 and a 200 day moving average of $25.80.
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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