MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Stock Price Down 3.2% – Here’s What Happened

Shares of MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) traded down 3.2% on Thursday . The company traded as low as $8.22 and last traded at $8.45. 1,827 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 2,801 shares. The stock had previously closed at $8.73.

MicroSectors Energy -3X Inverse Leveraged ETN Trading Down 3.0%

The stock’s 50 day moving average is $10.70 and its 200 day moving average is $12.07. The stock has a market capitalization of $1.31 million, a price-to-earnings ratio of 19.46 and a beta of -1.14.

About MicroSectors Energy -3X Inverse Leveraged ETN

(Get Free Report)

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. WTID was launched on Feb 17, 2023 and is issued by REX Microsectors.

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