MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Stock Price Down 3.9% – Should You Sell?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report)’s share price fell 3.9% during mid-day trading on Thursday . The stock traded as low as $6.23 and last traded at $6.45. 11,444 shares traded hands during mid-day trading, an increase of 226% from the average session volume of 3,507 shares. The stock had previously closed at $6.71.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

The company’s 50 day moving average is $9.65 and its 200 day moving average is $11.43. The stock has a market capitalization of $1.03 million, a price-to-earnings ratio of 19.46 and a beta of -1.14.

MicroSectors Energy -3X Inverse Leveraged ETN Company Profile

(Get Free Report)

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. WTID was launched on Feb 17, 2023 and is issued by REX Microsectors.

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