MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Shares Down 3.3%

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report) traded down 3.3% on Thursday . The company traded as low as $16.83 and last traded at $17.16. 1,693 shares were traded during trading, a decline of 97% from the average session volume of 67,698 shares. The stock had previously closed at $17.74.

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

The stock has a 50 day simple moving average of $16.50 and a two-hundred day simple moving average of $15.54.

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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