MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Shares Down 0.9% – Here’s Why

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) traded down 0.9% on Thursday . The stock traded as low as $4.06 and last traded at $4.50. 193,512 shares were traded during mid-day trading, an increase of 184% from the average session volume of 68,165 shares. The stock had previously closed at $4.54.

MicroSectors Energy -3X Inverse Leveraged ETN Price Performance

The business’s 50 day simple moving average is $6.18 and its 200-day simple moving average is $9.70. The stock has a market capitalization of $4.50 million, a P/E ratio of 19.46 and a beta of -1.14.

About MicroSectors Energy -3X Inverse Leveraged ETN

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The MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) is an exchange-traded fund that is based on the Solactive MicroSectors Energy index. The fund is an exchange-traded note that tracks 3x the daily inverse price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity. WTID was launched on Feb 17, 2023 and is issued by REX Microsectors.

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