MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report)’s share price shot up 3.7% during trading on Tuesday . The stock traded as high as $32.97 and last traded at $32.53. 89,894 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 105,566 shares. The stock had previously closed at $31.36.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Stock Performance
The stock’s fifty day simple moving average is $33.69 and its 200-day simple moving average is $39.86.
About MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN
The MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (OILU) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILU was launched on Nov 12, 2021 and is issued by REX Microsectors.
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