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

by · The Cerbat Gem

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU – Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $8.02, but opened at $7.67. MicroSectors Energy 3X Leveraged ETN shares last traded at $7.74, with a volume of 26,529 shares changing hands.

MicroSectors Energy 3X Leveraged ETN Price Performance

The business’s 50-day moving average price is $10.00 and its two-hundred day moving average price is $12.17. The firm has a market cap of $5.70 billion, a price-to-earnings ratio of 7.73 and a beta of 1.47.

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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