MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report)’s share price was up 1.3% during mid-day trading on Wednesday . The stock traded as high as $27.75 and last traded at $27.03. Approximately 61,562 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 148,980 shares. The stock had previously closed at $26.67.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Stock Performance
The business’s fifty day moving average is $30.50 and its 200-day moving average is $31.80. The firm has a market cap of $40.55 million, a P/E ratio of 13.11 and a beta of 1.97.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Company Profile
The MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (OILU) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILU was launched on Nov 12, 2021 and is issued by REX Microsectors.
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