MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD) Sees Significant Increase in Short Interest

Posted by Alanna Baker on Apr 26th, 2026

MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD – Get Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 41,535 shares, an increase of 122.2% from the March 31st total of 18,689 shares. Currently, 138.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 32,410 shares, the short-interest ratio is currently 1.3 days.

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

Shares of NRGD traded up $0.46 on Friday, hitting $30.80. The company’s stock had a trading volume of 16,926 shares, compared to its average volume of 13,815. The company has a market capitalization of $924,000.00, a PE ratio of 2.73 and a beta of 0.63. MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs has a fifty-two week low of $22.20 and a fifty-two week high of $160.60. The company has a 50 day moving average price of $33.21 and a 200 day moving average price of $60.01.

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.