MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Trading 7.7% Higher – Time to Buy?

Shares of MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) traded up 7.7% during trading on Thursday . The stock traded as high as $7.60 and last traded at $7.58. 10,678 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 42,640 shares. The stock had previously closed at $7.04.

MicroSectors Energy 3X Leveraged ETN Stock Up 8.0 %

The business has a 50-day simple moving average of $11.00 and a two-hundred day simple moving average of $12.78. The stock has a market capitalization of $5.54 billion, a P/E ratio of 15.45 and a beta of 1.47.

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.

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