MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Sees Large Volume Increase – Here’s Why

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) shares saw unusually-strong trading volume on Friday . Approximately 3,005 shares changed hands during mid-day trading, an increase of 157% from the previous session’s volume of 1,167 shares.The stock last traded at $18.95 and had previously closed at $19.13.

MicroSectors Energy -3X Inverse Leveraged ETN Price Performance

The business has a 50-day simple moving average of $18.66 and a 200-day simple moving average of $17.90.

About MicroSectors Energy -3X Inverse Leveraged ETN

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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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