MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Sees Strong Trading Volume – Here’s Why

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) shares saw strong trading volume on Friday . 10,041 shares were traded during mid-day trading, a decline of 62% from the previous session’s volume of 26,605 shares.The stock last traded at $12.50 and had previously closed at $12.80.

MicroSectors Energy 3X Leveraged ETN Trading Down 1.3 %

The firm has a fifty day moving average of $14.84 and a 200-day moving average of $16.28.

MicroSectors Energy 3X Leveraged ETN Company Profile

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.