Shares of MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) were down 3.5% during mid-day trading on Monday . The company traded as low as $15.71 and last traded at $15.76. Approximately 6,809 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 70,631 shares. The stock had previously closed at $16.34.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Performance
The company has a 50 day moving average of $14.98 and a 200-day moving average of $17.36.
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.
Further Reading
- Five stocks we like better than MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Carnival Cruise Stock Nears Analyst Forecasts on Strong Earnings
- Investing in large cap stocks: Diving into big caps
- Occidental Petroleum: Buffett Causes OXY Stock Rebound
- What Makes a Stock a Good Dividend Stock?
- Pure Storage Stock Doubles in 6 Months and Can Double Again
Receive News & Ratings for MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.