MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD) Trading 0.2% Higher – Should You Buy?

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGDGet Free Report) shares were up 0.2% on Friday . The company traded as high as $165.76 and last traded at $165.76. Approximately 5,600 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 29,459 shares. The stock had previously closed at $165.37.

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Trading Up 0.2 %

The company has a market capitalization of $120.88 billion and a PE ratio of 2.48. The company’s 50 day moving average price is $165.76 and its 200-day moving average price is $167.25.

About MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN

(Get Free Report)

The MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) is an exchange-traded fund that is based on the Solactive MicroSectors U.S. Big Oil index. The fund tracks three times the inverse of the performance of an equal-weighted index of U.S. Oil & Gas Companies. NRGD was launched on Apr 12, 2019 and is issued by REX Microsectors.

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