MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Shares Gap Up – Time to Buy?

Shares of MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $8.60, but opened at $8.80. MicroSectors Energy 3X Leveraged ETN shares last traded at $8.45, with a volume of 24,356 shares changing hands.

MicroSectors Energy 3X Leveraged ETN Price Performance

The company has a 50-day moving average price of $9.01 and a two-hundred day moving average price of $11.55. The company has a market cap of $6.14 billion, a PE ratio of 8.59 and a beta of 1.47.

About MicroSectors Energy 3X Leveraged ETN

(Get Free Report)

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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