MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Short Interest Up 60.7% in July

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 35,496 shares, a growth of 60.7% from the July 15th total of 22,091 shares. Currently, 22.2% of the company’s shares are sold short. Based on an average trading volume of 108,225 shares, the days-to-cover ratio is currently 0.3 days.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Stock Performance

NRGU stock traded up $2.52 during midday trading on Tuesday, reaching $54.71. The company’s stock had a trading volume of 49,510 shares, compared to its average volume of 141,762. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 1 year low of $16.25 and a 1 year high of $54.98. The firm has a market capitalization of $8.75 million, a price-to-earnings ratio of 7.59 and a beta of -1.83. The stock has a fifty day simple moving average of $37.43 and a two-hundred day simple moving average of $36.33.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Company Profile

at bmo, banking is our personal commitment to helping people at every stage of their financial lives. the truth is, people’s needs change: so we change too. but we never change who we are. which means we’ll never waiver from providing our customers the best possible banking experience in the industry. our incredible team of over 46,000 people is just the tip of the iceberg. you should get to know us. we’re here to help.