MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report) shares rose 4.3% on Wednesday . The stock traded as high as $42.90 and last traded at $42.90. Approximately 3,684 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 106,619 shares. The stock had previously closed at $41.12.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Stock Performance
The firm’s 50-day moving average price is $40.48 and its 200 day moving average price is $40.07.
About MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN
The MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (OILU) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILU was launched on Nov 12, 2021 and is issued by REX Microsectors.
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