MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $23.00 and last traded at $22.78, with a volume of 103825 shares changing hands. The stock had previously closed at $20.07.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Price Performance
The stock has a market cap of $15.53 billion, a price-to-earnings ratio of 13.93 and a beta of -1.39. The business’s 50 day moving average is $14.90 and its 200 day moving average is $15.42.
About MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN
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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