MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD) Short Interest Update

Posted by Amy Steele on Mar 11th, 2026

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD – Get Free Report) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 3,673 shares, a decline of 66.1% from the February 12th total of 10,843 shares. Based on an average daily volume of 1,054 shares, the days-to-cover ratio is presently 3.5 days. Approximately 12.2% of the company’s stock are sold short. Approximately 12.2% of the company’s stock are sold short. Based on an average daily volume of 1,054 shares, the days-to-cover ratio is presently 3.5 days.

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

NYSEARCA NRGD opened at $37.97 on Wednesday. The firm’s 50 day moving average price is $54.68 and its 200-day moving average price is $72.14. MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs has a 52-week low of $34.00 and a 52-week high of $233.65. The company has a market cap of $1.14 million, a PE 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.