MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Trading Down 4.7% – What’s Next?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) dropped 4.7% on Thursday . The company traded as low as $17.14 and last traded at $16.45. Approximately 412 shares were traded during trading, a decline of 84% from the average daily volume of 2,522 shares. The stock had previously closed at $17.26.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

The stock has a 50-day simple moving average of $18.61 and a two-hundred day simple moving average of $17.96.

MicroSectors Energy -3X Inverse Leveraged ETN Company Profile

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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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