MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Short Interest Down 59.5% in May

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 39,003 shares, a drop of 59.5% from the April 30th total of 96,210 shares. Currently, 24.4% of the shares of the company are sold short. Based on an average trading volume of 132,134 shares, the days-to-cover ratio is currently 0.3 days.

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

Shares of NYSEARCA:NRGU traded down $1.12 on Friday, hitting $34.09. 82,623 shares of the company were exchanged, compared to its average volume of 170,588. The company’s 50 day moving average price is $39.20 and its two-hundred day moving average price is $29.11. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a one year low of $14.12 and a one year high of $53.08. The firm has a market capitalization of $5.45 million, a price-to-earnings ratio of 7.59 and a beta of -1.46.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Company Profile

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