MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Sees Strong Trading Volume – What’s Next?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report) saw unusually-high trading volume on Friday . Approximately 264,062 shares traded hands during trading, an increase of 27% from the previous session’s volume of 207,615 shares.The stock last traded at $269.5120 and had previously closed at $259.40.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Up 7.3%

The firm has a market cap of $2.36 billion, a price-to-earnings ratio of 37.09 and a beta of 4.45. The firm has a 50 day moving average price of $266.01 and a 200-day moving average price of $235.35.

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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