MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU – Get Free Report) dropped 15.5% on Wednesday. The stock traded as low as $20.96 and last traded at $22.02. Approximately 31,242 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 67,090 shares. The stock had previously closed at $26.06.
MicroSectors Energy 3X Leveraged ETN Stock Down 15.5%
The firm has a market cap of $33.03 million, a PE ratio of 8.59 and a beta of -0.37. The stock has a 50 day moving average price of $25.56 and a two-hundred day moving average price of $19.17.
About MicroSectors Energy 3X Leveraged ETN
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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