MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Sees Significant Decline in Short Interest

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 13,386 shares, a drop of 25.6% from the November 30th total of 17,985 shares. Based on an average trading volume of 37,546 shares, the short-interest ratio is currently 0.4 days. Approximately 8.4% of the company’s stock are sold short. Approximately 8.4% of the company’s stock are sold short. Based on an average trading volume of 37,546 shares, the short-interest ratio is currently 0.4 days.

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

NRGU traded down $0.39 during mid-day trading on Wednesday, reaching $17.50. 30,651 shares of the stock were exchanged, compared to its average volume of 45,415. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 1 year low of $10.28 and a 1 year high of $26.12. The stock has a market capitalization of $2.80 million, a PE ratio of 7.59 and a beta of -5.76. The company has a 50 day moving average price of $18.71 and a two-hundred day moving average price of $18.72.

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

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.