Shares of MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report) saw strong trading volume on Tuesday . 60,589 shares changed hands during trading, a decline of 46% from the previous session’s volume of 112,298 shares.The stock last traded at $32.65 and had previously closed at $35.98.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Stock Performance
The firm’s 50 day moving average price is $33.42 and its two-hundred day moving average price is $39.18.
About MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN
The MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (OILU) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILU was launched on Nov 12, 2021 and is issued by REX Microsectors.
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