MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares rose 21.7% during trading on Friday . The company traded as high as $18.49 and last traded at $18.93. Approximately 88,655 shares traded hands during trading, an increase of 3% from the average daily volume of 85,954 shares. The stock had previously closed at $15.56.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Up 29.0 %
The business has a 50 day moving average of $14.90 and a 200 day moving average of $15.43. The firm has a market cap of $14.64 billion, a price-to-earnings 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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