MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Trading Down 1.2% – Here’s What Happened

Shares of MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report) were down 1.2% on Monday . The stock traded as low as $11.02 and last traded at $11.10. Approximately 199,767 shares were traded during trading, an increase of 1% from the average daily volume of 198,569 shares. The stock had previously closed at $11.23.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Down 1.2%

The stock has a market capitalization of $11.10 million, a PE ratio of 12.30 and a beta of -1.75. The company has a 50-day moving average of $11.38 and a 200 day moving average of $12.94.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Company Profile

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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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