MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 94,087 shares traded hands during mid-day trading, a decline of 5% from the previous session’s volume of 98,900 shares.The stock last traded at $16.71 and had previously closed at $17.96.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Price Performance
The firm has a market capitalization of $12.13 billion, a P/E ratio of 22.37 and a beta of -1.39. The business’s 50-day moving average is $15.74 and its 200 day moving average is $15.58.
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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