Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) saw unusually-high trading volume on Friday . Approximately 77,150 shares changed hands during mid-day trading, a decline of 25% from the previous session’s volume of 103,094 shares.The stock last traded at $11.89 and had previously closed at $12.45.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Down 4.2 %
The company’s fifty day simple moving average is $15.05 and its 200 day simple moving average is $18.87. The firm has a market capitalization of $8.70 billion, a P/E ratio of 34.87 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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