MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Trading 17.2% Higher – Time to Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) shares were up 17.2% during mid-day trading on Thursday . The company traded as high as $28.42 and last traded at $28.8550. Approximately 346,373 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 1,777,758 shares. The stock had previously closed at $24.63.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Up 1.9%

The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 37.09 and a beta of 4.95. The company has a 50-day moving average price of $39.07 and a 200 day moving average price of $30.85.

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.

Further Reading

Receive News & Ratings for MicroSectors FANG & Innovation 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG & Innovation 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.