MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Trading Up 2.9% – Here’s Why

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report) shares shot up 2.9% during trading on Monday . The stock traded as high as $10.45 and last traded at $10.22. 361,269 shares were traded during trading, an increase of 77% from the average session volume of 204,010 shares. The stock had previously closed at $9.93.

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

The stock has a 50-day moving average price of $10.79 and a two-hundred day moving average price of $11.80. The stock has a market cap of $10.22 million, a PE ratio of 12.30 and a beta of -1.75.

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

(Get Free Report)

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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