MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Short Interest Update

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 397,636 shares, a decrease of 63.1% from the April 30th total of 1,077,818 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 1,645,025 shares, the days-to-cover ratio is currently 0.2 days.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Up 4.9%

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN stock opened at $53.98 on Friday. The firm has a market cap of $4.59 billion, a P/E ratio of 37.09 and a beta of 4.78. MicroSectors FANG & Innovation 3x Leveraged ETN has a fifty-two week low of $12.91 and a fifty-two week high of $54.04. The business has a 50-day moving average price of $31.79 and a 200 day moving average price of $27.15.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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.