MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report)’s share price shot up 2.9% during trading on Tuesday . The stock traded as high as $16.10 and last traded at $16.10. 10,561 shares were traded during mid-day trading, a decline of 85% from the average session volume of 68,719 shares. The stock had previously closed at $15.64.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Trading Up 6.2 %
The firm’s 50 day moving average is $15.81 and its 200 day moving average is $15.88.
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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