MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU) Sees Large Volume Increase – Here’s What Happened

Shares of MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILUGet Free Report) saw an uptick in trading volume on Tuesday . 60,589 shares traded hands during mid-day 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 Stock Down 8.0 %

The stock has a 50 day moving average price of $33.42 and a 200 day moving average price of $39.33.

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

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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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