MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Shares Gap Down – Here’s Why

by · The Markets Daily

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $16.19, but opened at $15.40. MicroSectors Energy -3X Inverse Leveraged ETN shares last traded at $15.48, with a volume of 1,084 shares changing hands.

MicroSectors Energy -3X Inverse Leveraged ETN Trading Down 3.2 %

The stock’s 50-day simple moving average is $17.93 and its 200-day simple moving average is $17.12.

About MicroSectors Energy -3X Inverse Leveraged ETN

(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.

Recommended Stories