Short Interest in MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD) Drops By 77.1%

Posted by Doug Wharley on Jan 13th, 2026

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD – Get Free Report) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 6,409 shares, a decline of 77.1% from the December 15th total of 28,010 shares. Based on an average trading volume of 5,905 shares, the days-to-cover ratio is presently 1.1 days. Approximately 4.0% of the shares of the stock are short sold. Approximately 4.0% of the shares of the stock are short sold. Based on an average trading volume of 5,905 shares, the days-to-cover ratio is presently 1.1 days.

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Stock Performance

Shares of NYSEARCA:NRGD traded down $0.61 during trading hours on Tuesday, hitting $13.60. 11,413 shares of the company’s stock traded hands, compared to its average volume of 11,908. The company’s fifty day simple moving average is $15.62 and its two-hundred day simple moving average is $17.20. MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs has a 52 week low of $13.20 and a 52 week high of $46.73. The company has a market cap of $2.18 million, a price-to-earnings ratio of 2.73 and a beta of -5.77.

About MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs

(Get Free Report)

The MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) is an exchange-traded fund that is based on the Solactive MicroSectors U.S. Big Oil index. The fund tracks three times the inverse of the performance of an equal-weighted index of U.S. Oil & Gas Companies. NRGD was launched on Apr 12, 2019 and is issued by REX Microsectors.