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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 21,850 shares, a decrease of 39.2% from the February 26th total of 35,909 shares. Based on an average trading volume of 219,443 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.5% of the shares of the stock are sold short.

MicroSectors Energy 3X Leveraged ETN Stock Performance

Shares of NYSEARCA WTIU traded up $1.24 during mid-day trading on Friday, reaching $24.88. The company’s stock had a trading volume of 194,768 shares, compared to its average volume of 96,482. The stock has a 50-day moving average of $15.93 and a two-hundred day moving average of $12.09. The stock has a market capitalization of $37.32 million, a P/E ratio of 8.59 and a beta of 1.23. MicroSectors Energy 3X Leveraged ETN has a 1-year low of $6.06 and a 1-year high of $25.00.

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.