MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $23.00 and last traded at $22.78, with a volume of 103825 shares. The stock had previously closed at $20.07.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Performance
The firm has a market capitalization of $15.53 billion, a P/E ratio of 13.93 and a beta of -1.39. The business’s fifty day moving average price is $14.90 and its two-hundred day moving average price is $15.42.
About MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN
The MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (OILD) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily inverse exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILD was launched on Nov 8, 2021 and is issued by REX Microsectors.
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