MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Sees Unusually-High Trading Volume – Here’s Why

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 62,734 shares traded hands during mid-day trading, an increase of 54% from the previous session’s volume of 40,809 shares.The stock last traded at $6.16 and had previously closed at $6.52.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The firm has a market capitalization of $5.05 billion, a PE ratio of 15.45 and a beta of 1.47. The stock’s 50 day simple moving average is $11.64 and its two-hundred day simple moving average is $13.07.

MicroSectors Energy 3X Leveraged ETN Company Profile

(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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