MicroSectors Solactive FANG Innovation 3X Leveraged ETNs Price & Performance (BULZ)

MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) soared 43% recently, fueled by a broad tech rally following a pause in tariff hikes. The fund, offering triple exposure to major tech innovators, saw a massive spike in trading volumes as investors sought rapid gains amid bullish sentiment.12

BULZ's short interest sits at 61,350 shares as of March 31, with a short interest ratio of 0.20 days to cover. Over half of recent trading volume is attributed to short sales, indicating traders remain cautious on the leveraged tech ETN even as it rebounds from earlier lows.13

BULZ appeals to risk-tolerant investors seeking amplified returns from top tech stocks. With 3x leverage on the Solactive FANG Innovation Index, BULZ enables outsized gains in bullish periods but also carries significant risk, as evidenced by its 56% volatility—higher than some comparable leveraged tech products.45