MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares shot up 7.1% during mid-day trading on Monday . The company traded as high as $15.05 and last traded at $15.59. 42,221 shares traded hands during trading, a decline of 46% from the average session volume of 78,281 shares. The stock had previously closed at $14.56.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Up 10.4 %
The stock has a market cap of $11.72 billion, a P/E ratio of 11.55 and a beta of -1.39. The firm’s 50-day moving average is $15.45 and its two-hundred day moving average is $15.84.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Company Profile
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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