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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 3,904 shares, a decrease of 46.3% from the July 15th total of 7,270 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 64,610 shares, the short-interest ratio is presently 0.1 days.

MicroSectors Energy 3X Leveraged ETN Stock Performance

Shares of NYSEARCA WTIU traded up $1.01 during trading hours on Monday, hitting $22.19. The company’s stock had a trading volume of 18,847 shares, compared to its average volume of 82,893. MicroSectors Energy 3X Leveraged ETN has a 12 month low of $8.60 and a 12 month high of $25.81. The stock has a market cap of $33.29 million, a price-to-earnings ratio of 8.59 and a beta of -0.26. The business has a 50-day simple moving average of $16.40 and a 200-day simple moving average of $17.04.

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.