MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Shares Down 3.6% – What’s Next?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) traded down 3.6% on Friday . The company traded as low as $23.14 and last traded at $23.14. 402 shares were traded during mid-day trading, a decline of 68% from the average session volume of 1,256 shares. The stock had previously closed at $24.01.

MicroSectors Energy -3X Inverse Leveraged ETN Price Performance

The firm’s 50 day moving average price is $17.77 and its 200-day moving average price is $17.50.

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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