MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD – Get Free Report)’s share price rose 5.4% during mid-day trading on Friday . The company traded as high as $19.95 and last traded at $19.68. Approximately 969 shares changed hands during trading, a decline of 57% from the average daily volume of 2,228 shares. The stock had previously closed at $18.67.
MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Price Performance
The business’s 50 day moving average price is $20.18 and its 200-day moving average price is $40.94. The firm has a market capitalization of $3.15 million, a price-to-earnings ratio of 2.73 and a beta of -3.49.
About MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs
The MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) is an exchange-traded fund that is based on the Solactive MicroSectors U.S. Big Oil index. The fund tracks three times the inverse of the performance of an equal-weighted index of U.S. Oil & Gas Companies. NRGD was launched on Apr 12, 2019 and is issued by REX Microsectors.
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