MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Trading 8.6% Higher – What’s Next?

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report)’s share price rose 8.6% during trading on Friday . The company traded as high as $18.72 and last traded at $19.47. Approximately 5,913 shares traded hands during trading, an increase of 47% from the average daily volume of 4,011 shares. The stock had previously closed at $17.93.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Up 5.6 %

The company has a fifty day simple moving average of $18.80 and a two-hundred day simple moving average of $17.98.

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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