MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares shot up 6.9% during trading on Wednesday . The stock traded as high as $15.28 and last traded at $15.37. 89,311 shares traded hands during trading, a decline of 42% from the average session volume of 153,418 shares. The stock had previously closed at $14.37.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Price Performance
The firm has a 50 day moving average of $15.98 and a 200-day moving average of $16.00.
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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