Short Interest in MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Declines By 43.2%

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 12,880 shares, a decrease of 43.2% from the August 15th total of 22,659 shares. Currently, 8.1% of the shares of the stock are sold short. Based on an average daily volume of 47,710 shares, the short-interest ratio is presently 0.3 days.

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

Shares of MicroSectors U.S. Big Oil 3X Leveraged ETNs stock opened at $60.09 on Tuesday. The company’s 50 day moving average price is $47.29 and its two-hundred day moving average price is $40.42. The firm has a market capitalization of $9.61 million, a P/E ratio of 7.59 and a beta of -1.75. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a fifty-two week low of $16.25 and a fifty-two week high of $64.85.

About MicroSectors U.S. Big Oil 3X Leveraged ETNs

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