MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Stock Price Down 3.8%

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report) was down 3.8% during trading on Tuesday . The company traded as low as $17.44 and last traded at $17.57. Approximately 35,688 shares changed hands during trading, a decline of 48% from the average daily volume of 68,845 shares. The stock had previously closed at $18.26.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Down 1.9 %

The stock has a fifty day simple moving average of $15.61 and a 200-day simple moving average of $16.22.

About MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN

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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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