Short Interest in MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Decreases By 35.4%

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 47,725 shares, a decrease of 35.4% from the February 26th total of 73,928 shares. Based on an average daily trading volume, of 333,980 shares, the days-to-cover ratio is currently 0.1 days. Currently, 29.8% of the company’s stock are short sold.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Stock Up 4.6%

Shares of NYSEARCA:NRGU opened at $50.74 on Friday. The stock’s 50 day moving average is $31.16 and its 200-day moving average is $23.24. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a twelve month low of $10.28 and a twelve month high of $50.98. The firm has a market capitalization of $8.12 million, a price-to-earnings ratio of 7.59 and a beta of -5.76.

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

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