MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD) Trading 0.2% Higher – Here’s Why

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGDGet Free Report) traded up 0.2% during mid-day trading on Wednesday . The stock traded as high as $165.76 and last traded at $165.76. 5,600 shares traded hands during trading, a decline of 81% from the average session volume of 29,459 shares. The stock had previously closed at $165.37.

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Trading Up 0.2 %

The company’s fifty day moving average is $165.76 and its 200-day moving average is $161.86. The firm has a market capitalization of $120.88 billion and a P/E ratio of 2.48.

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Company Profile

(Get Free Report)

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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