Short Interest in MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Declines By 25.6%

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totaling 13,386 shares, a drop of 25.6% from the November 30th total of 17,985 shares. Based on an average trading volume of 37,546 shares, the days-to-cover ratio is presently 0.4 days. Currently, 8.4% of the company’s stock are short sold. Currently, 8.4% of the company’s stock are short sold. Based on an average trading volume of 37,546 shares, the days-to-cover ratio is presently 0.4 days.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Stock Up 3.8%

NYSEARCA:NRGU traded up $0.65 during mid-day trading on Tuesday, reaching $17.89. 43,064 shares of the stock were exchanged, compared to its average volume of 45,483. The stock has a market capitalization of $2.86 million, a P/E ratio of 7.59 and a beta of -5.76. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 1 year low of $10.28 and a 1 year high of $26.12. The company has a 50 day simple moving average of $18.71 and a 200-day simple moving average of $18.73.

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

at bmo, banking is our personal commitment to helping people at every stage of their financial lives. the truth is, people’s needs change: so we change too. but we never change who we are. which means we’ll never waiver from providing our customers the best possible banking experience in the industry. our incredible team of over 46,000 people is just the tip of the iceberg. you should get to know us. we’re here to help.