MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Shares Gap Down – Here’s Why

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $19.65, but opened at $19.14. MicroSectors Energy -3X Inverse Leveraged ETN shares last traded at $19.14, with a volume of 126 shares trading hands.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

The firm has a 50 day simple moving average of $18.66 and a 200-day simple moving average of $17.85.

MicroSectors Energy -3X Inverse Leveraged ETN Company Profile

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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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