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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 29,142 shares, a decline of 82.1% from the January 29th total of 163,112 shares. Based on an average trading volume of 58,352 shares, the short-interest ratio is currently 0.5 days. Approximately 1.9% of the company’s stock are sold short. Approximately 1.9% of the company’s stock are sold short. Based on an average trading volume of 58,352 shares, the short-interest ratio is currently 0.5 days.

MicroSectors Energy 3X Leveraged ETN Stock Performance

Shares of NYSEARCA:WTIU traded up $0.85 during midday trading on Friday, hitting $15.91. 101,281 shares of the stock were exchanged, compared to its average volume of 51,804. The company has a market capitalization of $23.87 million, a PE ratio of 8.59 and a beta of 1.23. MicroSectors Energy 3X Leveraged ETN has a 52-week low of $6.06 and a 52-week high of $16.00. The business’s fifty day simple moving average is $12.08 and its two-hundred day simple moving average is $10.75.

MicroSectors Energy 3X Leveraged ETN Company Profile

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.