MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Sees Large Decline in Short Interest

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 9,591 shares, a decrease of 50.0% from the April 15th total of 19,186 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 91,782 shares, the short-interest ratio is presently 0.1 days.

MicroSectors Energy 3X Leveraged ETN Price Performance

Shares of WTIU opened at $18.62 on Monday. The company has a market cap of $27.93 million, a P/E ratio of 8.59 and a beta of -0.05. The stock has a fifty day moving average price of $18.76 and a 200 day moving average price of $14.00. MicroSectors Energy 3X Leveraged ETN has a 12 month low of $8.01 and a 12 month high of $25.81.

About MicroSectors Energy 3X Leveraged ETN

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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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