Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) were down 6.1% on Wednesday . The stock traded as low as $13.72 and last traded at $13.75. Approximately 107,781 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 161,623 shares. The stock had previously closed at $14.64.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The company has a market capitalization of $10.84 billion, a PE ratio of 14.84 and a beta of -4.76. The stock has a 50 day moving average price of $12.32 and a two-hundred day moving average price of $15.10.
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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