MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Sees Significant Growth in Short Interest

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 96,210 shares, an increase of 1,757.0% from the April 15th total of 5,181 shares. Currently, 60.1% of the shares of the stock are sold short. Based on an average daily volume of 188,995 shares, the short-interest ratio is presently 0.5 days.

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

Shares of NYSEARCA:NRGU opened at $36.31 on Tuesday. The company has a market cap of $5.81 million, a price-to-earnings ratio of 7.59 and a beta of -1.46. The firm has a 50 day simple moving average of $38.45 and a 200 day simple moving average of $27.14. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a one year low of $13.79 and a one year high of $53.08.

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

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