MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Shares Down 5.7% – What’s Next?

Shares of MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) traded down 5.7% during mid-day trading on Wednesday . The stock traded as low as $12.73 and last traded at $12.43. 10,454 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 53,062 shares. The stock had previously closed at $13.18.

MicroSectors Energy 3X Leveraged ETN Price Performance

The stock’s 50-day moving average is $12.46 and its 200 day moving average is $14.36.

MicroSectors Energy 3X Leveraged ETN Company Profile

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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.

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