MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Shares Down 1.9% – Here’s Why

Shares of MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) dropped 1.9% during mid-day trading on Wednesday . The company traded as low as $10.11 and last traded at $10.36. Approximately 7,755 shares traded hands during trading, a decline of 86% from the average daily volume of 57,177 shares. The stock had previously closed at $10.56.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The stock’s 50-day moving average price is $9.96 and its 200-day moving average price is $9.53. The company has a market capitalization of $15.54 million, a price-to-earnings ratio of 8.59 and a beta of 1.47.

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.

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