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.
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