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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 2,129 shares, a decrease of 45.5% from the July 30th total of 3,904 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 61,930 shares, the short-interest ratio is currently 0.0 days.

MicroSectors Energy 3X Leveraged ETN Stock Performance

Shares of NYSEARCA WTIU traded up $0.30 during mid-day trading on Friday, reaching $22.22. The company had a trading volume of 12,214 shares, compared to its average volume of 79,922. The company has a market capitalization of $33.33 million, a price-to-earnings ratio of 8.59 and a beta of -0.26. The stock has a fifty day moving average of $17.79 and a two-hundred day moving average of $17.62. MicroSectors Energy 3X Leveraged ETN has a 12-month low of $8.60 and a 12-month high of $25.81.

About MicroSectors Energy 3X Leveraged ETN

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.