MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s stock price dropped 4.5% on Monday . The stock traded as low as $13.96 and last traded at $13.86. Approximately 77,738 shares traded hands during 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 Stock Performance
The company’s fifty day simple moving average is $12.72 and its two-hundred day simple moving average is $14.76. The stock has a market capitalization of $10.89 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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