MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Short Interest Update

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 8,577 shares, a growth of 566.4% from the November 30th total of 1,287 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 12,179 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 12,179 shares, the short-interest ratio is presently 0.7 days. Currently, 0.6% of the company’s shares are sold short.

MicroSectors Energy 3X Leveraged ETN Stock Performance

MicroSectors Energy 3X Leveraged ETN stock traded down $0.15 during trading hours on Wednesday, reaching $9.27. 7,736 shares of the company’s stock traded hands, compared to its average volume of 50,036. MicroSectors Energy 3X Leveraged ETN has a fifty-two week low of $6.06 and a fifty-two week high of $14.65. The firm’s 50 day moving average is $9.97 and its 200-day moving average is $9.94. The firm has a market capitalization of $13.91 million, a price-to-earnings ratio of 8.59 and a beta of 1.23.

MicroSectors Energy 3X Leveraged ETN Company Profile

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.