MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Sees Strong Trading Volume – Time to Buy?

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) shares saw an uptick in trading volume on Tuesday . 35,637 shares changed hands during mid-day trading, a decline of 16% from the previous session’s volume of 42,417 shares.The stock last traded at $7.22 and had previously closed at $6.95.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The firm has a market capitalization of $5.10 billion, a PE ratio of 15.45 and a beta of 1.47. The firm’s 50 day moving average price is $11.41 and its 200-day moving average price is $12.97.

MicroSectors Energy 3X Leveraged ETN Company Profile

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The MicroSectors Energy 3X Leveraged ETNs (WTIU) 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 price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity. WTIU was launched on Feb 15, 2023 and is issued by REX Microsectors.

Further Reading

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