Short Interest in MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Drops By 35.4%

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) saw a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 47,725 shares, a decline of 35.4% from the February 26th total of 73,928 shares. Currently, 29.8% of the shares of the company are sold short. Based on an average daily volume of 333,980 shares, the days-to-cover ratio is currently 0.1 days.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Price Performance

NYSEARCA:NRGU opened at $50.74 on Friday. The company has a market capitalization of $8.12 million, a P/E ratio of 7.59 and a beta of -5.76. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 1 year low of $10.28 and a 1 year high of $50.98. The business has a fifty day simple moving average of $31.16 and a two-hundred day simple moving average of $23.24.

About MicroSectors U.S. Big Oil 3X Leveraged ETNs

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