MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) fell 4.7% during trading on Friday . The company traded as low as $15.63 and last traded at $15.61. 33,307 shares were traded during mid-day trading, a decline of 59% from the average session volume of 80,446 shares. The stock had previously closed at $16.38.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Down 7.8 %
The stock has a 50 day moving average of $15.15 and a 200 day moving average of $15.86. The firm has a market cap of $11.02 billion, a price-to-earnings ratio of 16.64 and a beta of -1.39.
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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