Shares of MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $12.93, but opened at $12.64. MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN shares last traded at $12.33, with a volume of 44,432 shares trading hands.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Down 3.6 %
The stock has a market capitalization of $9.09 billion, a PE ratio of 16.64 and a beta of -1.39. The firm’s fifty day moving average price is $14.83 and its two-hundred day moving average price is $15.68.
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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