MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Sees Unusually-High Trading Volume – Still a Buy?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 2,305 shares were traded during trading, a decline of 7% from the previous session’s volume of 2,470 shares.The stock last traded at $16.96 and had previously closed at $16.68.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

The company’s 50 day moving average is $18.57 and its 200 day moving average is $17.96.

About MicroSectors Energy -3X Inverse Leveraged ETN

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The MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) is an exchange-traded fund that is based on the Solactive MicroSectors Energy index. The fund is an exchange-traded note that tracks 3x the daily inverse price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity.

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