MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report) rose 1.9% during mid-day trading on Wednesday . The stock traded as high as $58.30 and last traded at $57.56. Approximately 63,749 shares changed hands during trading, a decline of 74% from the average session volume of 243,012 shares. The stock had previously closed at $56.48.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Stock Down 2.1%
The business’s 50 day moving average is $43.83 and its 200-day moving average is $43.90. The firm has a market capitalization of $84.56 million, a P/E ratio of 8.27 and a beta of 1.26.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Company Profile
The MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (OILU) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILU was launched on Nov 12, 2021 and is issued by REX Microsectors.
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