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

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $181.57, but opened at $158.53. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $166.24, with a volume of 48,347 shares trading hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 11.9 %

The firm’s 50-day simple moving average is $171.01 and its 200-day simple moving average is $151.05. The firm has a market capitalization of $116.68 billion, a P/E ratio of 83.95 and a beta of 4.73.

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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