MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price traded down 6% on Friday. The company traded as low as $26.43 and last traded at $28.03. Approximately 66,907 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 81,622 shares. The stock had previously closed at $29.83.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The company has a market cap of $9.81 million, a price-to-earnings ratio of 21.21 and a beta of -4.73. The firm’s 50 day simple moving average is $19.16 and its 200-day simple moving average is $34.15.
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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