MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Stock Price Up 4.4% – Should You Buy?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) shares shot up 4.4% during mid-day trading on Monday . The company traded as high as $14.58 and last traded at $14.58. 2,183 shares traded hands during trading, a decline of 44% from the average session volume of 3,887 shares. The stock had previously closed at $13.97.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

The firm has a market capitalization of $2.33 million, a P/E ratio of 19.46 and a beta of -1.06. The stock has a fifty day moving average price of $14.97 and a two-hundred day moving average price of $17.40.

MicroSectors Energy -3X Inverse Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) is an exchange-traded fund that is based on the Solactive MicroSectors Energy index. The fund is an exchange-traded note that tracks 3x the daily inverse price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity.

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