MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Stock Price Down 3.9% – What’s Next?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) shares traded down 3.9% during trading on Thursday . The company traded as low as $6.23 and last traded at $6.45. 11,444 shares were traded during mid-day trading, an increase of 226% from the average session volume of 3,507 shares. The stock had previously closed at $6.71.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

The stock has a 50-day moving average of $9.56 and a two-hundred day moving average of $11.37. The company has a market cap of $1.04 million, a P/E ratio of 19.46 and a beta of -1.14.

MicroSectors Energy -3X Inverse Leveraged ETN Company Profile

(Get Free Report)

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. WTID was launched on Feb 17, 2023 and is issued by REX Microsectors.

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