MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU) Sees Unusually-High Trading Volume – Time to Buy?

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILUGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 60,589 shares traded hands during trading, a decline of 46% from the previous session’s volume of 112,298 shares.The stock last traded at $32.65 and had previously closed at $35.98.

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Price Performance

The business has a 50-day simple moving average of $33.42 and a 200 day simple moving average of $39.18.

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.