MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Sees Large Volume Increase – Time to Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 132,427 shares traded hands during trading, a decline of 4% from the previous session’s volume of 138,139 shares.The stock last traded at $82.50 and had previously closed at $94.50.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The stock has a market cap of $60.85 billion, a P/E ratio of 29.18 and a beta of 4.73. The company has a 50 day simple moving average of $132.28 and a 200-day simple moving average of $152.15.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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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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