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) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 12,880 shares, a decrease of 43.2% from the August 15th total of 22,659 shares. Currently, 8.1% of the company’s shares are short sold. Based on an average trading volume of 47,710 shares, the days-to-cover ratio is currently 0.3 days.

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

NRGU stock traded up $1.72 on Thursday, reaching $60.78. The company’s stock had a trading volume of 30,771 shares, compared to its average volume of 131,889. The firm has a market cap of $60.72 million, a PE ratio of 7.59 and a beta of -1.75. The business has a fifty day simple moving average of $48.45 and a two-hundred day simple moving average of $40.90. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 12-month low of $16.25 and a 12-month high of $66.40.

About MicroSectors U.S. Big Oil 3X Leveraged ETNs

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