MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Sees Large Volume Increase – What’s Next?

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) shares saw strong trading volume on Monday . 73,095 shares traded hands during trading, a decline of 30% from the previous session’s volume of 104,843 shares.The stock last traded at $17.42 and had previously closed at $17.13.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Up 1.3 %

The stock has a market capitalization of $12.65 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76. The company’s 50-day simple moving average is $18.73 and its 200 day simple moving average is $21.70.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

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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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