Shares of MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 86,921 shares traded hands during trading, a decline of 8% from the previous session’s volume of 94,953 shares.The stock last traded at $19.26 and had previously closed at $16.70.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Performance
The firm has a 50 day simple moving average of $15.50 and a two-hundred day simple moving average of $15.56. The firm has a market capitalization of $13.45 billion, a P/E ratio of 13.93 and a beta of -1.39.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Company Profile
The MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (OILD) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily inverse exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILD was launched on Nov 8, 2021 and is issued by REX Microsectors.
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