Shares of MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report) traded down 4.1% during trading on Tuesday . The company traded as low as $37.80 and last traded at $38.24. 53,113 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 106,029 shares. The stock had previously closed at $39.89.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Stock Up 4.2 %
The stock’s 50 day simple moving average is $39.86 and its 200 day simple moving average is $40.21.
About MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN
The MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (OILU) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILU was launched on Nov 12, 2021 and is issued by REX Microsectors.
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