MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Shares Gap Up – Still a Buy?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $16.04, but opened at $16.62. MicroSectors Energy -3X Inverse Leveraged ETN shares last traded at $16.43, with a volume of 1,378 shares.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

The business’s fifty day moving average price is $18.02 and its 200 day moving average price is $16.37.

About MicroSectors Energy -3X Inverse Leveraged ETN

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The MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) is an exchange-traded fund that is based on the Solactive MicroSectors Energy index. The fund is an exchange-traded note that tracks 3x the daily inverse price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity.

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