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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 2,129 shares, a decline of 45.5% from the July 30th total of 3,904 shares. Based on an average trading volume of 61,930 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

MicroSectors Energy 3X Leveraged ETN Trading Up 4.6%

Shares of NYSEARCA WTIU traded up $1.07 during mid-day trading on Tuesday, reaching $24.38. The company had a trading volume of 23,023 shares, compared to its average volume of 79,226. The business’s 50-day moving average is $17.99 and its 200-day moving average is $17.71. The stock has a market cap of $36.56 million, a price-to-earnings ratio of 8.59 and a beta of -0.26. MicroSectors Energy 3X Leveraged ETN has a 52 week low of $8.60 and a 52 week high of $25.81.

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.