MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD) Trading Down 3.1%

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD) shares dropped 3.1% during mid-day trading on Monday . The stock traded as low as $136.08 and last traded at $138.34. Approximately 67,504 shares were traded during mid-day trading, an increase of 65% from the average daily volume of 40,907 shares. The stock had previously closed at $142.71.

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Trading Down 3.1 %

The firm has a 50-day moving average of $167.48 and a two-hundred day moving average of $209.30.

Institutional Trading of MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN

An institutional investor recently raised its position in MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN stock. Wellspring Financial Advisors LLC increased its stake in MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,025 shares of the company’s stock after acquiring an additional 87 shares during the quarter. Wellspring Financial Advisors LLC owned about 10.13% of MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN worth $465,000 at the end of the most recent reporting period.