MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Short Interest Update

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 41,214 shares, an increase of 21.5% from the January 29th total of 33,923 shares. Based on an average trading volume of 492,356 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.4% of the shares of the stock are sold short. Currently, 1.4% of the shares of the stock are sold short. Based on an average trading volume of 492,356 shares, the days-to-cover ratio is presently 0.1 days.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Up 1.9%

OILD opened at $51.12 on Thursday. The firm has a market cap of $15.34 million, a P/E ratio of 12.30 and a beta of -1.75. The business’s fifty day simple moving average is $73.81 and its 200 day simple moving average is $97.60. MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN has a 52 week low of $46.46 and a 52 week high of $240.10.

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.