Shares of MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) were up 4.3% during mid-day trading on Monday . The company traded as high as $14.63 and last traded at $14.38. Approximately 94,399 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 112,205 shares. The stock had previously closed at $13.78.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Up 4.4%
The firm’s fifty day moving average is $15.92 and its two-hundred day moving average is $15.58. The firm has a market cap of $10.49 billion, a P/E ratio of 21.79 and a beta of -1.39.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Company Profile
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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