Shares of MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) dropped 2.5% during trading on Friday . The stock traded as low as $16.23 and last traded at $16.32. Approximately 10,435 shares traded hands during trading, a decline of 85% from the average daily volume of 68,691 shares. The stock had previously closed at $16.73.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Trading Down 3.3 %
The company’s 50-day simple moving average is $15.84 and its 200 day simple moving average is $15.86.
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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