MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares traded down 4.3% on Tuesday . The company traded as low as $11.99 and last traded at $11.70. 12,811 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 126,605 shares. The stock had previously closed at $12.22.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Trading Down 5.0%
The company has a market cap of $8.47 billion, a PE ratio of 12.30 and a beta of -1.39. The business’s 50 day moving average is $15.61 and its two-hundred day moving average is $15.63.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Company Profile
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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