MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – Time to Sell?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $152.07, but opened at $143.40. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $144.98, with a volume of 34,157 shares traded.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Down 5.2 %

The stock has a market cap of $105.17 billion, a price-to-earnings ratio of 83.95 and a beta of 4.73. The firm’s 50 day moving average is $170.07 and its two-hundred day moving average is $151.89.

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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