MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $12.93, but opened at $12.64. MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN shares last traded at $12.33, with a volume of 44,432 shares changing hands.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Performance
The firm has a market cap of $9.56 billion, a P/E ratio of 13.93 and a beta of -1.39. The stock has a fifty day simple moving average of $14.81 and a 200 day simple moving average of $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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