Short Interest in MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD) Decreases By 15.1%

Posted by Alanna Baker on Mar 4th, 2026

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD – Get Free Report) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 10,843 shares, a decline of 15.1% from the January 29th total of 12,764 shares. Based on an average daily volume of 5,137 shares, the days-to-cover ratio is presently 2.1 days. Approximately 6.8% of the shares of the stock are sold short. Approximately 6.8% of the shares of the stock are sold short. Based on an average daily volume of 5,137 shares, the days-to-cover ratio is presently 2.1 days.

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Stock Down 0.3%

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs stock traded down $0.12 during midday trading on Wednesday, reaching $37.48. 8,190 shares of the stock traded hands, compared to its average volume of 2,086. The stock’s fifty day moving average is $59.26 and its 200-day moving average is $74.24. MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs has a 12 month low of $36.75 and a 12 month high of $233.65. The stock has a market cap of $1.12 million, a P/E ratio of 2.73 and a beta of -5.77.

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

(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.