MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report) rose 1.4% during trading on Monday . The company traded as high as $42.09 and last traded at $41.32. 135,505 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 270,509 shares. The stock had previously closed at $40.73.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Stock Up 1.4%
The firm has a fifty day moving average price of $39.84 and a two-hundred day moving average price of $39.66. The stock has a market capitalization of $61.98 million, a P/E ratio of 8.27 and a beta of 1.28.
About MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN
The MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (OILU) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILU was launched on Nov 12, 2021 and is issued by REX Microsectors.
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