MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Trading Down 5.1% – Should You Sell?

Shares of MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) dropped 5.1% during trading on Monday . The company traded as low as $15.53 and last traded at $15.65. Approximately 36,561 shares traded hands during trading, an increase of 39% from the average daily volume of 26,256 shares. The stock had previously closed at $16.49.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The firm has a 50-day moving average price of $15.01 and a two-hundred day moving average price of $16.78.

MicroSectors Energy 3X Leveraged ETN Company Profile

(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.

Further Reading

Receive News & Ratings for MicroSectors Energy 3X Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Energy 3X Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.