Short Interest in MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Rises By 299.9%

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 298,260 shares, an increase of 299.9% from the November 30th total of 74,584 shares. Approximately 3.5% of the company’s stock are sold short. Based on an average daily volume of 231,059 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 231,059 shares, the short-interest ratio is currently 1.3 days. Approximately 3.5% of the company’s stock are sold short.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Down 0.9%

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN stock traded down $2.41 during trading on Friday, reaching $272.96. The stock had a trading volume of 283,373 shares, compared to its average volume of 222,096. The company has a market capitalization of $2.32 billion, a price-to-earnings ratio of 37.09 and a beta of 4.45. The stock has a fifty day moving average price of $272.41 and a two-hundred day moving average price of $228.44. MicroSectors FANG & Innovation 3x Leveraged ETN has a 52 week low of $57.00 and a 52 week high of $335.58.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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.