Short Interest in MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Declines By 43.2%

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 12,880 shares, a decrease of 43.2% from the August 15th total of 22,659 shares. Based on an average trading volume of 47,710 shares, the short-interest ratio is currently 0.3 days. Currently, 8.1% of the shares of the stock are short sold.

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

Shares of NYSEARCA:NRGU opened at $60.09 on Tuesday. The company’s 50 day simple moving average is $47.29 and its 200 day simple moving average is $40.42. The stock has a market capitalization of $9.61 million, a price-to-earnings ratio of 7.59 and a beta of -1.75. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 1 year low of $16.25 and a 1 year high of $64.85.

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

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