MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU – Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as $28.42 and last traded at $28.53, with a volume of 23898 shares changing hands. The stock had previously closed at $29.90.
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Trading Down 3.9 %
The business’s fifty day simple moving average is $36.63 and its 200 day simple moving average is $40.71.
About MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN
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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