MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Short Interest Up 74.1% in December

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 14,930 shares, an increase of 74.1% from the December 15th total of 8,577 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average trading volume of 29,990 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 29,990 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.0% of the shares of the stock are sold short.

MicroSectors Energy 3X Leveraged ETN Stock Down 1.0%

Shares of MicroSectors Energy 3X Leveraged ETN stock traded down $0.11 during trading on Friday, hitting $10.58. 28,835 shares of the stock traded hands, compared to its average volume of 39,121. The stock has a market cap of $15.87 million, a price-to-earnings ratio of 8.59 and a beta of 1.23. MicroSectors Energy 3X Leveraged ETN has a 52 week low of $6.06 and a 52 week high of $14.65. The firm’s fifty day moving average is $10.15 and its 200-day moving average is $9.95.

MicroSectors Energy 3X Leveraged ETN Company Profile

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.