MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Short Interest Update

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 35,909 shares, an increase of 23.2% from the February 12th total of 29,142 shares. Based on an average trading volume of 58,772 shares, the days-to-cover ratio is presently 0.6 days. Currently, 2.4% of the shares of the company are short sold. Currently, 2.4% of the shares of the company are short sold. Based on an average trading volume of 58,772 shares, the days-to-cover ratio is presently 0.6 days.

MicroSectors Energy 3X Leveraged ETN Stock Performance

NYSEARCA WTIU remained flat at $19.15 during trading hours on Friday. 83,665 shares of the company traded hands, compared to its average volume of 85,995. The company has a market cap of $28.73 million, a P/E 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 $19.67. The stock has a 50-day moving average of $13.72 and a 200-day moving average of $11.33.

About MicroSectors Energy 3X Leveraged ETN

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.