Shares of MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) rose 4.7% during trading on Tuesday . The company traded as high as $18.28 and last traded at $18.22. Approximately 15,840 shares traded hands during trading, a decline of 76% from the average daily volume of 65,339 shares. The stock had previously closed at $17.40.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Performance
The stock’s 50 day moving average is $15.12 and its 200 day moving average is $15.87.
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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