MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Shares Gap Down – Should You Sell?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $16.19, but opened at $15.40. MicroSectors Energy -3X Inverse Leveraged ETN shares last traded at $15.48, with a volume of 1,084 shares.

MicroSectors Energy -3X Inverse Leveraged ETN Price Performance

The firm has a 50-day moving average of $17.93 and a 200-day moving average of $17.12.

MicroSectors Energy -3X Inverse Leveraged ETN Company Profile

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The MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) is an exchange-traded fund that is based on the Solactive MicroSectors Energy index. The fund is an exchange-traded note that tracks 3x the daily inverse price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity.

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