MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares were up 5% during trading on Wednesday . The stock traded as high as $44.58 and last traded at $43.60. Approximately 154,449 shares were traded during trading, an increase of 80% from the average daily volume of 85,694 shares. The stock had previously closed at $41.53.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Up 2.9%
The stock has a market capitalization of $22.43 million, a PE ratio of 12.30 and a beta of -1.34. The company has a 50-day moving average of $41.55 and a 200 day moving average of $67.42.
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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