MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Shares Down 5.3%

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report) traded down 5.3% during mid-day trading on Thursday . The company traded as low as $14.93 and last traded at $14.93. 57,644 shares traded hands during trading, a decline of 15% from the average session volume of 67,761 shares. The stock had previously closed at $15.76.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Trading Down 1.5 %

The stock has a fifty day simple moving average of $15.49 and a 200-day simple moving average of $16.57.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Company Profile

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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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