MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD – Get Free Report) traded down 5.7% during mid-day trading on Monday . The stock traded as low as $15.35 and last traded at $15.40. Approximately 32,123 shares traded hands during trading, an increase of 42% from the average session volume of 22,604 shares. The stock had previously closed at $16.33.
MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Trading Down 5.7%
The company has a market cap of $462,000.00, a price-to-earnings ratio of 2.73 and a beta of 1.09. The stock’s fifty day simple moving average is $24.59 and its 200 day simple moving average is $30.44.
About MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs
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.
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