MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Trading Down 1.9% – Here’s Why

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) was down 1.9% during mid-day trading on Tuesday . The company traded as low as $14.38 and last traded at $14.84. Approximately 2,918 shares were traded during trading, a decline of 46% from the average daily volume of 5,447 shares. The stock had previously closed at $15.12.

MicroSectors Energy -3X Inverse Leveraged ETN Price Performance

The business’s fifty day moving average is $14.19 and its 200-day moving average is $17.00. The firm has a market cap of $2.37 million, a PE ratio of 19.46 and a beta of -1.06.

MicroSectors Energy -3X Inverse Leveraged ETN Company Profile

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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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