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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) shares saw unusually-strong trading volume on Friday . Approximately 17,495 shares traded hands during mid-day trading, a decline of 33% from the previous session’s volume of 26,249 shares.The stock last traded at $13.41 and had previously closed at $13.98.

MicroSectors Energy 3X Leveraged ETN Price Performance

The firm has a 50-day simple moving average of $15.05 and a two-hundred day simple moving average of $16.53.

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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