MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Shares Down 3.8% – Here’s What Happened

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) was down 3.8% on Thursday . The stock traded as low as $12.88 and last traded at $13.54. Approximately 56,128 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 54,285 shares. The stock had previously closed at $14.08.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The firm has a market cap of $20.31 million, a P/E ratio of 8.59 and a beta of 1.23. The firm has a 50 day simple moving average of $10.61 and a 200 day simple moving average of $10.14.

About MicroSectors Energy 3X Leveraged ETN

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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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