MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report) was up 14.5% on Monday . The stock traded as high as $46.43 and last traded at $46.40. 203,747 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 260,259 shares. The stock had previously closed at $40.53.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Price Performance
The company has a market cap of $69.60 million, a price-to-earnings ratio of 8.27 and a beta of 1.24. The firm’s fifty day moving average price is $39.11 and its 200-day moving average price is $41.52.
About MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN
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.
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