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

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 35,066 shares traded hands during trading, an increase of 46% from the previous session’s volume of 23,950 shares.The stock last traded at $14.17 and had previously closed at $14.56.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The firm has a 50 day simple moving average of $15.22 and a 200-day simple moving average of $18.28.

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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