MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD) Sees Significant Decline in Short Interest

Posted by on May 16th, 2026

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD – Get Free Report) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 21,310 shares, a decline of 48.7% from the April 15th total of 41,535 shares. Based on an average trading volume of 38,071 shares, the short-interest ratio is presently 0.6 days. Currently, 71.0% of the shares of the company are sold short.

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Stock Down 9.3%

Shares of NYSEARCA:NRGD traded down $2.55 during midday trading on Friday, reaching $24.99. The company’s stock had a trading volume of 91,429 shares, compared to its average volume of 17,534. The stock has a fifty day moving average of $29.59 and a 200 day moving average of $54.63. MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs has a twelve month low of $22.20 and a twelve month high of $136.43. The firm has a market capitalization of $749,700.00, a PE ratio of 2.73 and a beta of 0.88.

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Company Profile

(Get Free Report)

The MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) is an exchange-traded fund that is based on the Solactive MicroSectors U.S. Big Oil index. The fund tracks three times the inverse of the performance of an equal-weighted index of U.S. Oil & Gas Companies. NRGD was launched on Apr 12, 2019 and is issued by REX Microsectors.

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