MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Stock Price Up 7.8% – Should You Buy?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report)’s stock price rose 7.8% during mid-day trading on Wednesday . The stock traded as high as $17.85 and last traded at $18.39. Approximately 893 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 3,918 shares. The stock had previously closed at $17.06.

MicroSectors Energy -3X Inverse Leveraged ETN Trading Up 8.4 %

The stock has a fifty day moving average of $19.17 and a 200 day moving average of $18.15.

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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