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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $11.52, but opened at $11.22. MicroSectors Energy 3X Leveraged ETN shares last traded at $11.10, with a volume of 12,751 shares changing hands.

MicroSectors Energy 3X Leveraged ETN Trading Down 7.5 %

The business has a 50-day moving average price of $14.44 and a two-hundred day moving average price of $16.03.

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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