MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Shares Gap Down – What’s Next?

Shares of MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTIDGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $18.68, but opened at $17.42. MicroSectors Energy -3X Inverse Leveraged ETN shares last traded at $17.42, with a volume of 253 shares changing hands.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

The company’s 50-day moving average is $18.59 and its 200 day moving average is $17.95.

MicroSectors Energy -3X Inverse Leveraged ETN Company Profile

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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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