MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU) Shares Gap Down to $35.74

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILUGet Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $35.74, but opened at $34.90. MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN shares last traded at $35.18, with a volume of 25,114 shares traded.

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Stock Performance

The firm has a 50-day simple moving average of $37.63 and a two-hundred day simple moving average of $40.76.

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Company Profile

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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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