MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD) Shares Up 0.2% – Still a Buy?

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGDGet Free Report)’s share price shot up 0.2% during mid-day trading on Thursday . The company traded as high as $165.76 and last traded at $165.76. 5,600 shares were traded during mid-day 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 Stock Up 0.2 %

The firm has a market capitalization of $120.88 billion and a P/E ratio of 2.48. The stock has a fifty day moving average of $165.76 and a 200-day moving average of $165.11.

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

(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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