MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Short Interest Update

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID – Get Free Report) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 90,117 shares, an increase of 436.3% from the July 30th total of 16,805 shares. Approximately 9.0% of the company’s stock are sold short. Based on an average daily volume of 95,015 shares, the days-to-cover ratio is presently 0.9 days.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

Shares of NYSEARCA WTID traded up $0.03 during trading hours on Thursday, reaching $3.04. 47,741 shares of the stock were exchanged, compared to its average volume of 121,582. The stock’s fifty day simple moving average is $4.28 and its 200 day simple moving average is $4.87. The firm has a market capitalization of $3.04 million, a price-to-earnings ratio of 19.46 and a beta of 0.02. MicroSectors Energy -3X Inverse Leveraged ETN has a 52 week low of $2.71 and a 52 week high of $14.07.

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MicroSectors Energy -3X Inverse Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) 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 inverse price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity. WTID was launched on Feb 17, 2023 and is issued by REX Microsectors.

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