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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 7,270 shares, a decline of 47.1% from the June 30th total of 13,749 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 26,719 shares, the short-interest ratio is presently 0.3 days.

MicroSectors Energy 3X Leveraged ETN Stock Up 8.1%

Shares of NYSEARCA WTIU traded up $1.39 during mid-day trading on Wednesday, hitting $18.51. 27,385 shares of the company traded hands, compared to its average volume of 84,828. MicroSectors Energy 3X Leveraged ETN has a 1 year low of $8.60 and a 1 year high of $25.81. The stock has a market capitalization of $27.77 million, a price-to-earnings ratio of 8.59 and a beta of -0.09. The business has a 50 day moving average of $15.88 and a two-hundred day moving average of $16.22.

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.

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