Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) were down 4.5% during trading on Monday . The company traded as low as $13.96 and last traded at $13.86. Approximately 77,738 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 167,723 shares. The stock had previously closed at $14.52.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Down 2.9 %
The business’s 50-day simple moving average is $12.64 and its two-hundred day simple moving average is $14.85. The company has a market capitalization of $10.28 billion, a PE ratio of 41.53 and a beta of -4.76.
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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