MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Up – Time to Buy?

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $40.22, but opened at $43.75. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $44.8610, with a volume of 248,441 shares changing hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Up 12.8%

The firm has a market capitalization of $3.85 billion, a PE ratio of 37.09 and a beta of 4.92. The stock’s fifty day simple moving average is $37.16 and its 200 day simple moving average is $28.58.

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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