MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Stock Price Down 4.5% – Here’s What Happened

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report)’s share price dropped 4.5% during mid-day trading on Monday . The company traded as low as $14.70 and last traded at $14.70. Approximately 17,323 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 26,047 shares. The stock had previously closed at $15.39.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The firm’s 50-day moving average is $15.04 and its 200 day moving average is $16.66.

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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