MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Shares Down 3.1% – Time to Sell?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report)’s stock price was down 3.1% during trading on Wednesday . The company traded as low as $11.41 and last traded at $11.41. Approximately 15 shares traded hands during trading, a decline of 100% from the average daily volume of 4,732 shares. The stock had previously closed at $11.77.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

The firm has a market capitalization of $1.83 million, a P/E ratio of 19.46 and a beta of -1.14. The firm has a 50 day moving average price of $12.05 and a two-hundred day moving average price of $13.51.

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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