MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Sees Large Volume Increase – Still a Buy?

Shares of MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) saw unusually-strong trading volume on Monday . Approximately 194,418 shares traded hands during mid-day trading, an increase of 193% from the previous session’s volume of 66,355 shares.The stock last traded at $13.50 and had previously closed at $13.34.

MicroSectors Energy 3X Leveraged ETN Price Performance

The stock’s fifty day simple moving average is $13.14 and its two-hundred day simple moving average is $14.84.

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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