MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares were up 3.9% on Wednesday . The company traded as high as $16.72 and last traded at $16.72. Approximately 27,264 shares were traded during trading, a decline of 59% from the average daily volume of 66,125 shares. The stock had previously closed at $16.10.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Price Performance
The firm’s fifty day moving average price is $16.65 and its 200 day moving average price is $15.65.
About MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN
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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