Shares of MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shot up 1.9% during mid-day trading on Friday . The company traded as high as $13.60 and last traded at $13.59. 41,003 shares were traded during trading, a decline of 50% from the average session volume of 81,485 shares. The stock had previously closed at $13.34.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Trading Up 2.2 %
The firm has a market capitalization of $9.94 billion, a PE ratio of 16.64 and a beta of -1.39. The business has a 50 day moving average price of $14.93 and a 200-day moving average price of $15.79.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Company Profile
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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