MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares dropped 3.1% on Thursday . The company traded as low as $19.31 and last traded at $19.31. Approximately 8,628 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 68,522 shares. The stock had previously closed at $19.92.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Down 1.7 %
The business’s 50 day moving average price is $16.38 and its two-hundred day moving average price 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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