MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Trading Up 6.5%

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report)’s stock price shot up 6.5% during trading on Wednesday . The stock traded as high as $15.26 and last traded at $15.24. 45,609 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 69,677 shares. The stock had previously closed at $14.31.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Down 0.3 %

The company has a 50-day moving average price of $14.08 and a two-hundred day moving average price of $18.25.

About MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN

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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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