MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Short Interest Down 39.2% in March

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the recipient of a large decrease in short interest in March. As of March 13th, there was short interest totaling 21,850 shares, a decrease of 39.2% from the February 26th total of 35,909 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average trading volume of 219,443 shares, the short-interest ratio is currently 0.1 days.

MicroSectors Energy 3X Leveraged ETN Stock Performance

Shares of NYSEARCA:WTIU traded up $1.17 during trading on Friday, hitting $24.81. 122,947 shares of the stock were exchanged, compared to its average volume of 95,197. MicroSectors Energy 3X Leveraged ETN has a 1-year low of $6.06 and a 1-year high of $25.00. The company has a market capitalization of $37.22 million, a price-to-earnings ratio of 8.59 and a beta of 1.23. The company’s fifty day simple moving average is $15.64 and its 200-day simple moving average is $11.98.

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.