MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Sees Large Volume Increase – Here’s Why

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 4,718 shares traded hands during trading, an increase of 195% from the previous session’s volume of 1,597 shares.The stock last traded at $16.36 and had previously closed at $16.32.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Down 0.6 %

The business’s 50 day simple moving average is $18.59 and its 200 day simple moving average is $17.95.

About MicroSectors Energy -3X Inverse Leveraged ETN

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The MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) is an exchange-traded fund that is based on the Solactive MicroSectors Energy index. The fund is an exchange-traded note that tracks 3x the daily inverse price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity.

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