MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILU) Short Interest Update

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILUGet Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 32,007 shares, an increase of 282.4% from the November 30th total of 8,369 shares. Based on an average daily volume of 147,764 shares, the days-to-cover ratio is presently 0.2 days. Approximately 2.1% of the shares of the company are sold short. Approximately 2.1% of the shares of the company are sold short. Based on an average daily volume of 147,764 shares, the days-to-cover ratio is presently 0.2 days.

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Stock Down 1.2%

Shares of OILU traded down $0.26 during trading hours on Friday, hitting $22.27. The company had a trading volume of 164,124 shares, compared to its average volume of 199,776. The business has a fifty day moving average of $23.40 and a 200-day moving average of $23.10. The firm has a market cap of $33.41 million, a price-to-earnings ratio of 8.27 and a beta of 1.84. MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN has a 12 month low of $15.15 and a 12 month high of $36.46.

Institutional Investors Weigh In On MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN

A hedge fund recently bought a new stake in MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN stock. Bogart Wealth LLC bought a new stake in MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (NYSEARCA:OILUFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,000 shares of the company’s stock, valued at approximately $43,000. Bogart Wealth LLC owned about 0.13% of MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN at the end of the most recent quarter.

MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (OILU) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILU was launched on Nov 12, 2021 and is issued by REX Microsectors.

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