MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price dropped 1.9% on Friday . The company traded as low as $18.64 and last traded at $19.08. 69,345 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 87,028 shares. The stock had previously closed at $19.45.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 1.9%
The company’s 50 day simple moving average is $23.04 and its 200-day simple moving average is $34.34. The firm has a market cap of $6.68 million, a P/E ratio of 29.43 and a beta of -4.60.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile
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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