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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $13.77, but opened at $13.35. MicroSectors Energy 3X Leveraged ETN shares last traded at $13.54, with a volume of 590 shares changing hands.

MicroSectors Energy 3X Leveraged ETN Stock Down 2.1 %

The company has a market cap of $9.52 billion, a PE ratio of 12.94 and a beta of 1.47. The business’s 50 day moving average price is $12.50 and its 200-day moving average price is $13.43.

About MicroSectors Energy 3X Leveraged ETN

(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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