MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Gap Down – What’s Next?

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $11.66, but opened at $11.37. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $11.06, with a volume of 26,228 shares changing hands.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Up 0.9 %

The stock’s fifty day moving average is $12.42 and its two-hundred day moving average is $16.47. The firm has a market capitalization of $8.06 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

(Get Free Report)

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.

Further Reading

Receive News & Ratings for MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG & Innovation -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.