MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) saw strong trading volume on Thursday . 86,921 shares changed hands during trading, a decline of 8% from the previous session’s volume of 94,953 shares.The stock last traded at $19.26 and had previously closed at $16.70.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Performance
The stock has a market cap of $13.45 billion, a price-to-earnings ratio of 13.93 and a beta of -1.39. The business’s 50 day moving average is $15.50 and its 200-day moving average is $15.56.
About MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN
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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