MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Trading Down 6.9% – Here’s What Happened

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) shares were down 6.9% on Wednesday . The stock traded as low as $11.57 and last traded at $11.57. Approximately 1,541 shares traded hands during trading, a decline of 66% from the average daily volume of 4,572 shares. The stock had previously closed at $12.43.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

The stock has a market capitalization of $1.85 million, a PE ratio of 19.46 and a beta of -1.14. The stock’s 50 day moving average is $11.79 and its two-hundred day moving average is $12.92.

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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