MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD) Trading Up 0.2% – What’s Next?

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGDGet Free Report)’s share price shot up 0.2% during mid-day trading on Friday . The company traded as high as $165.76 and last traded at $165.76. 5,600 shares were traded during trading, a decline of 81% from the average session volume of 29,459 shares. The stock had previously closed at $165.37.

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Stock Performance

The firm has a market capitalization of $120.88 billion and a price-to-earnings ratio of 2.48. The firm has a fifty day moving average price of $165.76 and a 200 day moving average price of $167.25.

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN 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.

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