MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Shares Gap Down to $15.35

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $15.35, but opened at $14.87. MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN shares last traded at $15.15, with a volume of 19,285 shares traded.

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

The company has a 50-day moving average of $15.01 and a 200 day moving average of $17.35.

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

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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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