Short Interest in MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Expands By 1,757.0%

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 96,210 shares, an increase of 1,757.0% from the April 15th total of 5,181 shares. Based on an average daily volume of 188,995 shares, the days-to-cover ratio is presently 0.5 days. Approximately 60.1% of the company’s shares are sold short.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Stock Down 0.8%

MicroSectors U.S. Big Oil 3X Leveraged ETNs stock traded down $0.29 during mid-day trading on Wednesday, hitting $36.02. 70,220 shares of the stock were exchanged, compared to its average volume of 176,600. The firm’s fifty day simple moving average is $38.56 and its two-hundred day simple moving average is $27.27. The stock has a market capitalization of $5.76 million, a price-to-earnings ratio of 7.59 and a beta of -1.46. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 12 month low of $13.79 and a 12 month high of $53.08.

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.