MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Stock Price Up 4.9% – Time to Buy?

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) was up 4.9% during mid-day trading on Monday . The stock traded as high as $13.72 and last traded at $13.72. Approximately 11,036 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 24,914 shares. The stock had previously closed at $13.08.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The stock has a 50 day simple moving average of $14.72 and a 200 day simple moving average of $17.55.

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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