MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Trading Up 2.8% – Should You Buy?

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) was up 2.8% during trading on Tuesday . The company traded as high as $12.69 and last traded at $12.70. Approximately 5,354 shares changed hands during trading, a decline of 86% from the average daily volume of 37,291 shares. The stock had previously closed at $12.35.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The firm has a market cap of $9.57 billion, a price-to-earnings ratio of 12.94 and a beta of 1.47. The business’s 50 day moving average price is $12.55 and its 200 day moving average price is $13.50.

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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