MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Trading 6.3% Higher – Should You Buy?

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) shares shot up 6.3% during mid-day trading on Wednesday . The stock traded as high as $13.72 and last traded at $13.76. 14,695 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 49,979 shares. The stock had previously closed at $12.94.

MicroSectors Energy 3X Leveraged ETN Stock Up 6.2 %

The company has a 50 day moving average of $12.35 and a 200-day moving average of $14.19.

About MicroSectors Energy 3X Leveraged ETN

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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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