MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Trading 3.5% Higher – What’s Next?

Shares of MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) rose 3.5% during mid-day trading on Friday . The stock traded as high as $11.04 and last traded at $11.04. Approximately 7,817 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 27,673 shares. The stock had previously closed at $10.67.

MicroSectors Energy 3X Leveraged ETN Price Performance

The firm’s 50-day moving average is $13.78 and its two-hundred day moving average is $15.64.

MicroSectors Energy 3X Leveraged ETN Company Profile

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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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