MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report) shares shot up 4.5% on Monday . The company traded as high as $34.88 and last traded at $34.88. Approximately 272,232 shares were traded during mid-day trading, a decline of 4% from the average session volume of 284,683 shares. The stock had previously closed at $33.39.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Trading Up 4.5%
The company has a market capitalization of $52.32 million, a PE ratio of 8.27 and a beta of 1.24. The stock has a fifty day simple moving average of $43.17 and a 200-day simple moving average of $37.96.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Company Profile
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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