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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 9,591 shares, a drop of 50.0% from the April 15th total of 19,186 shares. Based on an average trading volume of 91,782 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.6% of the company’s shares are short sold.

MicroSectors Energy 3X Leveraged ETN Stock Up 8.5%

WTIU stock traded up $1.46 during midday trading on Friday, reaching $18.62. The company’s stock had a trading volume of 80,468 shares, compared to its average volume of 105,402. MicroSectors Energy 3X Leveraged ETN has a 52 week low of $8.01 and a 52 week high of $25.81. The stock has a market cap of $27.93 million, a PE ratio of 8.59 and a beta of -0.05. The business’s 50-day simple moving average is $18.76 and its 200-day simple moving average is $13.97.

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.