MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Trading 5.6% Higher – Should You Buy?

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report)’s stock price rose 5.6% on Wednesday . The company traded as high as $11.60 and last traded at $11.12. Approximately 66,893 shares changed hands during mid-day trading, an increase of 58% from the average daily volume of 42,310 shares. The stock had previously closed at $10.53.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The company’s 50-day moving average is $10.12 and its 200-day moving average is $9.94. The firm has a market cap of $16.68 million, a price-to-earnings ratio of 8.59 and a beta of 1.23.

About MicroSectors Energy 3X Leveraged ETN

(Get Free Report)

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.

Further Reading

Receive News & Ratings for MicroSectors Energy 3X Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Energy 3X Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.