Short Interest in MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Drops By 58.2%

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 5,598 shares, a decline of 58.2% from the December 15th total of 13,386 shares. Currently, 3.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 61,046 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 61,046 shares, the short-interest ratio is currently 0.1 days. Currently, 3.5% of the shares of the stock are short sold.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Trading Up 7.6%

Shares of MicroSectors U.S. Big Oil 3X Leveraged ETNs stock traded up $1.53 on Wednesday, hitting $21.57. 111,099 shares of the company traded hands, compared to its average volume of 108,527. The stock’s 50 day moving average price is $18.93 and its 200-day moving average price is $18.83. The company has a market cap of $3.45 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 $26.12.

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

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