MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Shares Gap Down – Time to Sell?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $19.56, but opened at $18.81. MicroSectors Energy -3X Inverse Leveraged ETN shares last traded at $18.81, with a volume of 353 shares changing hands.

MicroSectors Energy -3X Inverse Leveraged ETN Price Performance

The firm’s 50-day simple moving average is $18.27 and its 200 day simple moving average is $16.90.

MicroSectors Energy -3X Inverse Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) is an exchange-traded fund that is based on the Solactive MicroSectors Energy index. The fund is an exchange-traded note that tracks 3x the daily inverse price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity.

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