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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 29,142 shares, a decline of 82.1% from the January 29th total of 163,112 shares. Currently, 1.9% of the company’s stock are short sold. Based on an average daily volume of 58,352 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 58,352 shares, the short-interest ratio is currently 0.5 days. Currently, 1.9% of the company’s stock are short sold.

MicroSectors Energy 3X Leveraged ETN Price Performance

Shares of WTIU stock traded up $0.22 during mid-day trading on Thursday, hitting $15.06. The stock had a trading volume of 67,554 shares, compared to its average volume of 50,488. MicroSectors Energy 3X Leveraged ETN has a 12-month low of $6.06 and a 12-month high of $15.97. The firm’s 50-day moving average is $11.83 and its two-hundred day moving average is $10.66. The firm has a market capitalization of $22.59 million, a P/E ratio of 8.59 and a beta of 1.23.

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.