MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Short Interest Update

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 22,659 shares, a drop of 36.2% from the July 30th total of 35,496 shares. Based on an average daily volume of 62,482 shares, the days-to-cover ratio is presently 0.4 days. Currently, 14.2% of the shares of the stock are sold short.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Stock Up 0.4%

NYSEARCA:NRGU traded up $0.24 during mid-day trading on Wednesday, hitting $57.91. 14,999 shares of the stock traded hands, compared to its average volume of 135,535. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 52 week low of $16.25 and a 52 week high of $58.42. The firm’s 50 day moving average is $42.05 and its two-hundred day moving average is $38.53. The stock has a market capitalization of $9.27 million, a price-to-earnings ratio of 7.59 and a beta of -1.83.

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.