MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Stock Price Down 8.6% – Here’s Why

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) shares fell 8.6% during mid-day trading on Monday . The stock traded as low as $17.08 and last traded at $17.08. 559 shares traded hands during trading, a decline of 50% from the average session volume of 1,108 shares. The stock had previously closed at $18.68.

MicroSectors Energy -3X Inverse Leveraged ETN Trading Down 4.5 %

The firm’s 50 day moving average is $18.59 and its two-hundred day moving average is $17.96.

About MicroSectors Energy -3X Inverse Leveraged ETN

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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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