Shares of MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $17.05, but opened at $16.49. MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN shares last traded at $16.54, with a volume of 21,050 shares traded.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Price Performance
The firm’s 50 day moving average price is $16.71 and its two-hundred day moving average price is $15.79.
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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