MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU – Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 36,826 shares, a decline of 22.8% from the March 15th total of 47,725 shares. Based on an average daily volume of 247,835 shares, the days-to-cover ratio is presently 0.1 days. Approximately 23.0% of the shares of the company are short sold.
MicroSectors U.S. Big Oil 3X Leveraged ETNs Trading Down 8.0%
Shares of NYSEARCA:NRGU opened at $33.96 on Wednesday. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a twelve month low of $11.48 and a twelve month high of $53.08. The company’s 50 day moving average is $35.88 and its 200 day moving average is $25.07. The company has a market cap of $5.43 million, a PE ratio of 7.59 and a beta of -1.26.
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