MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD) Hits New 12-Month High – Here’s Why

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGDGet Free Report)’s stock price hit a new 52-week high on Friday . The company traded as high as $25.75 and last traded at $25.75, with a volume of 11 shares changing hands. The stock had previously closed at $23.88.

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

The company has a market capitalization of $18.78 billion and a price-to-earnings ratio of 2.48. The stock has a 50 day moving average price of $162.92 and a two-hundred day moving average price of $164.77.

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

(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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