MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Stock Short Interest Jumps 199.2%

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 38,536 shares, a growth of 199.2% from the August 31st total of 12,880 shares. Currently, 24.1% of the shares of the stock are short sold. Based on an average trading volume of 62,950 shares, the days-to-cover ratio is presently 0.6 days.

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

Shares of NRGU stock traded down $1.83 during trading hours on Friday, reaching $52.91. 35,652 shares of the company were exchanged, compared to its average volume of 129,610. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a fifty-two week low of $16.25 and a fifty-two week high of $66.40. The stock’s fifty day moving average is $51.00 and its two-hundred day moving average is $41.92. The company has a market cap of $8.47 million, a price-to-earnings ratio of 7.59 and a beta of -1.75.

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

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