MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD) Stock Price Down 5% – Here’s Why

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGDGet Free Report)’s share price was down 5% during trading on Monday . The company traded as low as $26.05 and last traded at $26.05. Approximately 3,207 shares changed hands during trading, an increase of 326% from the average daily volume of 753 shares. The stock had previously closed at $27.42.

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Trading Down 4.9 %

The company has a market cap of $3.93 million and a price-to-earnings ratio of 2.73. The company’s 50 day moving average price is $113.44 and its 200 day moving average price is $147.34.

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Company Profile

(Get Free Report)

The MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) is an exchange-traded fund that is based on the Solactive MicroSectors U.S. Big Oil index. The fund tracks three times the inverse of the performance of an equal-weighted index of U.S. Oil & Gas Companies. NRGD was launched on Apr 12, 2019 and is issued by REX Microsectors.

Further Reading

Receive News & Ratings for MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs and related companies with MarketBeat.com's FREE daily email newsletter.