Short Interest in MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) Decreases By 52.1%

MicroSectors U.S. Big Oil 3X Leveraged ETNs (NYSEARCA:NRGU) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 18,747 shares, a decrease of 52.1% from the June 15th total of 39,165 shares. Currently, 11.7% of the shares of the stock are sold short. Based on an average trading volume of 57,564 shares, the short-interest ratio is currently 0.3 days.

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

NYSEARCA:NRGU traded up $1.41 during mid-day trading on Thursday, hitting $38.15. 91,164 shares of the company’s stock traded hands, compared to its average volume of 151,749. The company has a market cap of $6.10 million, a PE ratio of 7.59 and a beta of -1.50. The firm’s 50 day simple moving average is $34.90 and its 200 day simple moving average is $32.49. MicroSectors U.S. Big Oil 3X Leveraged ETNs has a 1 year low of $16.16 and a 1 year high of $53.08.

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

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