MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Short Interest Down 43.2% in August

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 12,880 shares, a drop of 43.2% from the August 15th total of 22,659 shares. Based on an average trading volume of 47,710 shares, the short-interest ratio is currently 0.3 days. Approximately 8.1% of the company’s shares are short sold.

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

Shares of MicroSectors U.S. Big Oil 3X Leveraged ETNs stock traded down $6.92 on Wednesday, reaching $59.06. The company had a trading volume of 126,193 shares, compared to its average volume of 132,458. The firm’s 50 day moving average price is $48.45 and its two-hundred day moving average price is $40.90. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 52-week low of $16.25 and a 52-week high of $66.40. The firm has a market cap of $59.00 million, a PE ratio of 7.59 and a beta of -1.75.

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

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