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

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

MicroSectors Energy 3X Leveraged ETN Stock Up 8.5%

WTIU traded up $1.46 during midday trading on Friday, reaching $18.62. The company had a trading volume of 80,468 shares, compared to its average volume of 105,402. The business has a 50-day moving average of $18.76 and a two-hundred day moving average of $13.97. The company has a market cap of $27.93 million, a P/E ratio of 8.59 and a beta of -0.05. MicroSectors Energy 3X Leveraged ETN has a 1 year low of $8.01 and a 1 year high of $25.81.

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.