Short Interest in MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Drops By 44.2%

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 45,851 shares, a decrease of 44.2% from the January 29th total of 82,199 shares. Currently, 28.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 72,292 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 72,292 shares, the days-to-cover ratio is presently 0.6 days. Currently, 28.7% of the shares of the stock are sold short.

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

Shares of NYSEARCA:NRGU traded up $3.12 during trading on Monday, reaching $33.58. The stock had a trading volume of 667,521 shares, compared to its average volume of 101,153. The stock has a market capitalization of $5.37 million, a PE ratio of 7.59 and a beta of -5.76. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 52 week low of $10.28 and a 52 week high of $34.83. The business’s 50-day moving average price is $23.28 and its 200 day moving average price is $20.62.

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

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