MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Stock Price Down 4.8% – What’s Next?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report)’s share price dropped 4.8% during trading on Friday . The company traded as low as $18.22 and last traded at $17.58. Approximately 1,887 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 3,872 shares. The stock had previously closed at $18.47.

MicroSectors Energy -3X Inverse Leveraged ETN Trading Down 2.4 %

The company has a fifty day moving average price of $19.18 and a 200 day moving average price of $18.18.

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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