MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Shares Gap Down – Here’s What Happened

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $22.95, but opened at $22.25. MicroSectors Energy -3X Inverse Leveraged ETN shares last traded at $22.68, with a volume of 9,362 shares trading hands.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Down 2.7 %

The stock has a 50 day simple moving average of $17.92 and a two-hundred day simple moving average of $17.55.

About MicroSectors Energy -3X Inverse Leveraged ETN

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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.

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