MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Trading Down 6.4% – Time to Sell?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price traded down 6.4% on Wednesday . The company traded as low as $127.31 and last traded at $125.58. 44,461 shares were traded during mid-day trading, a decline of 68% from the average session volume of 139,624 shares. The stock had previously closed at $134.23.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Down 7.8 %

The company’s fifty day moving average price is $155.85 and its two-hundred day moving average price is $156.31. The firm has a market cap of $90.28 billion, a P/E ratio of 32.15 and a beta of 4.73.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

(Get Free Report)

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.

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