MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Shares Gap Up – What’s Next?

Shares of MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $15.58, but opened at $16.18. MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN shares last traded at $15.76, with a volume of 94,975 shares traded.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Stock Down 0.5%

The business has a 50 day simple moving average of $15.92 and a two-hundred day simple moving average of $15.55. The firm has a market cap of $11.30 billion, a PE ratio of 21.79 and a beta of -1.39.

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.

See Also

Receive News & Ratings for MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.