MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report) shot up 1.9% on Wednesday . The stock traded as high as $58.30 and last traded at $57.56. Approximately 63,749 shares were traded during trading, a decline of 74% from the average session volume of 243,012 shares. The stock had previously closed at $56.48.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Stock Up 1.9%
The company has a market cap of $86.34 million, a price-to-earnings ratio of 8.27 and a beta of 1.24. The business has a 50-day simple moving average of $43.38 and a two-hundred day simple moving average of $43.77.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Company Profile
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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