MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Sees Unusually-High Trading Volume – Here’s Why

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) saw unusually-strong trading volume on Friday . Approximately 258,620 shares traded hands during mid-day trading, an increase of 3% from the previous session’s volume of 251,774 shares.The stock last traded at $269.6080 and had previously closed at $271.26.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Performance

The company has a market cap of $2.31 billion, a PE ratio of 37.09 and a beta of 4.45. The stock’s 50-day simple moving average is $263.37 and its 200 day simple moving average is $240.31.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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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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