MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Short Interest Down 39.2% in March

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 21,850 shares, a decrease of 39.2% from the February 26th total of 35,909 shares. Based on an average daily volume of 219,443 shares, the short-interest ratio is currently 0.1 days. Approximately 1.5% of the shares of the company are short sold.

MicroSectors Energy 3X Leveraged ETN Stock Up 4.9%

NYSEARCA WTIU traded up $1.17 during midday trading on Friday, hitting $24.81. The company had a trading volume of 122,947 shares, compared to its average volume of 95,197. The firm has a fifty day simple moving average of $15.64 and a two-hundred day simple moving average of $11.98. MicroSectors Energy 3X Leveraged ETN has a fifty-two week low of $6.06 and a fifty-two week high of $25.00. The stock has a market cap of $37.22 million, a price-to-earnings ratio of 8.59 and a beta of 1.23.

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.