MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report)’s stock price was down 4.3% during mid-day trading on Tuesday . The company traded as low as $11.99 and last traded at $11.70. Approximately 12,811 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 126,605 shares. The stock had previously closed at $12.22.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Trading Down 5.0%
The stock has a market capitalization of $8.47 billion, a P/E ratio of 12.30 and a beta of -1.39. The company has a 50-day moving average price of $15.61 and a 200 day moving average price of $15.63.
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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