MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Trading Up 8.5% – Here’s Why

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report)’s share price shot up 8.5% during trading on Friday . The stock traded as high as $18.68 and last traded at $18.62. 80,468 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 105,402 shares. The stock had previously closed at $17.16.

MicroSectors Energy 3X Leveraged ETN Stock Up 8.5%

The stock has a market capitalization of $27.93 million, a PE ratio of 8.59 and a beta of -0.05. The firm has a 50 day moving average price of $18.76 and a 200 day moving average price of $13.97.

MicroSectors Energy 3X Leveraged ETN Company Profile

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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.

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