MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Shares Gap Up – Here’s Why

Shares of MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $15.39, but opened at $16.45. MicroSectors Energy 3X Leveraged ETN shares last traded at $16.45, with a volume of 313 shares traded.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The firm’s 50-day moving average is $14.98 and its two-hundred day moving average is $16.83.

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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