Short Interest in MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Rises By 63.1%

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 10,600 shares, a growth of 63.1% from the September 15th total of 6,500 shares. Based on an average daily volume of 36,200 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 36,200 shares, the short-interest ratio is currently 0.3 days.

MicroSectors Energy 3X Leveraged ETN Price Performance

NYSEARCA:WTIU opened at $10.01 on Friday. The firm has a market capitalization of $15.02 million, a price-to-earnings ratio of 8.59 and a beta of 1.47. MicroSectors Energy 3X Leveraged ETN has a 1 year low of $6.06 and a 1 year high of $16.85. The business has a 50 day simple moving average of $10.02 and a 200-day simple moving average of $9.32.

About MicroSectors Energy 3X Leveraged ETN

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.