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

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

MicroSectors Energy 3X Leveraged ETN Stock Up 5.3 %

The stock’s 50 day simple moving average is $14.84 and its 200 day simple moving average is $17.68.

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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