MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD) Stock Price Down 5% – Here’s What Happened

Shares of MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGDGet Free Report) traded down 5% during trading on Monday . The company traded as low as $26.05 and last traded at $26.05. 3,207 shares changed hands during trading, an increase of 326% from the average session volume of 753 shares. The stock had previously closed at $27.42.

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Trading Down 4.9 %

The company has a 50 day moving average price of $113.44 and a 200 day moving average price of $147.34. The firm has a market cap of $3.93 million and a PE ratio of 2.73.

About MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs

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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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