MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares were up 2.3% during mid-day trading on Friday . The stock traded as high as $13.40 and last traded at $13.42. Approximately 128,983 shares were traded during mid-day trading, an increase of 55% from the average daily volume of 83,352 shares. The stock had previously closed at $13.11.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Trading Up 1.4 %
The company has a market cap of $9.69 billion, a price-to-earnings ratio of 13.93 and a beta of -1.39. The company’s 50 day moving average price is $14.81 and its 200 day moving average price is $15.64.
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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