MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Sees Unusually-High Trading Volume – Here’s What Happened

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report) saw unusually-strong trading volume on Friday . Approximately 50,333 shares were traded during mid-day trading, a decline of 23% from the previous session’s volume of 65,057 shares.The stock last traded at $16.34 and had previously closed at $15.99.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Up 1.8 %

The firm’s 50-day moving average price is $15.06 and its two-hundred day moving average price is $15.86.

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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