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

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 22,659 shares, a decline of 36.2% from the July 30th total of 35,496 shares. Currently, 14.2% of the company’s shares are sold short. Based on an average daily trading volume, of 62,482 shares, the days-to-cover ratio is currently 0.4 days.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Stock Up 3.3%

Shares of NRGU stock traded up $1.83 during trading hours on Tuesday, hitting $56.77. 48,101 shares of the company were exchanged, compared to its average volume of 136,140. The firm has a market cap of $9.08 million, a PE ratio of 7.59 and a beta of -1.83. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 1 year low of $16.25 and a 1 year high of $58.42. The firm has a fifty day moving average of $41.53 and a 200 day moving average of $38.34.

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

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