MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) saw strong trading volume on Wednesday . 140,053 shares changed hands during mid-day trading, an increase of 76% from the previous session’s volume of 79,434 shares.The stock last traded at $18.11 and had previously closed at $16.59.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Trading Up 3.3 %
The firm has a market capitalization of $12.50 billion, a PE ratio of 11.55 and a beta of -1.39. The firm’s fifty day moving average price is $15.35 and its 200 day moving average price is $15.85.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Company Profile
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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