MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Shares Gap Up – Time to Buy?

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $10.48, but opened at $10.84. MicroSectors Energy 3X Leveraged ETN shares last traded at $10.96, with a volume of 23,416 shares changing hands.

MicroSectors Energy 3X Leveraged ETN Trading Down 2.4%

The company has a market capitalization of $7.72 billion, a PE ratio of 8.59 and a beta of 1.47. The stock’s 50-day moving average is $8.46 and its two-hundred day moving average is $10.88.

About MicroSectors Energy 3X Leveraged ETN

(Get Free Report)

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.

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