MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leverage ETN (NYSEARCA:OILD) Trading 2.9% Higher

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leverage ETN Shares (NYSEARCA:OILD – Get Your Free Report ) rose 2.9% during trading on Tuesday. The company traded as high as $16.10 and last traded at $16.10. 10,561 shares changed hands in mid-day trading, down 85% from the session’s average volume of 68,719 shares. Shares previously closed at $15.64.

MicroSectors Oil & Gas Exp. & Prod. -3x Performance of Inversely Leveraged Stock ETNs

The company’s 50-day moving average price is $15.84, and its two-hundred-day moving average price is $15.85.

About MicroSectors Oil & Gas Exp. & Prod. -3x ETN with reverse leverage

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The MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (OILD) is an exchange-traded fund that invests primarily in energy stocks. The fund provides three times daily inverse exposure to a level-weighted index of US companies involved in oil and gas exploration and production. OILD was launched on November 8, 2021 and is issued by REX Microsectors.

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