MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Sees Strong Trading Volume

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report) saw strong trading volume on Friday . 47,601 shares changed hands during trading, a decline of 29% from the previous session’s volume of 67,294 shares.The stock last traded at $18.06 and had previously closed at $18.74.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Down 5.2 %

The company has a fifty day moving average price of $16.79 and a 200-day moving average price of $15.52.

About MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN

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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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