MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Short Interest Down 22.8% in March

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 36,826 shares, a drop 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 currently 0.1 days. Currently, 23.0% of the company’s shares are sold short.

MicroSectors U.S. Big Oil 3X Leveraged ETNs Stock Performance

Shares of NYSEARCA:NRGU traded down $5.09 during midday trading on Friday, reaching $30.47. The company had a trading volume of 403,745 shares, compared to its average volume of 182,458. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 1-year low of $11.53 and a 1-year high of $53.08. The firm has a market cap of $4.88 million, a price-to-earnings ratio of 7.59 and a beta of -1.26. The company has a fifty day simple moving average of $36.21 and a two-hundred day simple moving average of $25.20.

About MicroSectors U.S. Big Oil 3X Leveraged ETNs

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