MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Shares Down 9.9% – Should You Sell?

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) shares traded down 9.9% during mid-day trading on Tuesday . The company traded as low as $9.00 and last traded at $9.01. 76,742 shares changed hands during trading, an increase of 51% from the average session volume of 50,745 shares. The stock had previously closed at $10.00.

MicroSectors Energy 3X Leveraged ETN Stock Down 9.9%

The stock has a market cap of $13.52 million, a PE ratio of 8.59 and a beta of 1.23. The firm has a 50 day moving average price of $10.00 and a 200 day moving average price of $9.92.

MicroSectors Energy 3X Leveraged ETN Company Profile

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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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