MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Reaches New 52-Week Low – Here’s Why

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report)’s share price reached a new 52-week low during trading on Saturday . The stock traded as low as $7.36 and last traded at $7.46, with a volume of 224418 shares changing hands. The stock had previously closed at $10.04.

MicroSectors Energy 3X Leveraged ETN Trading Down 25.7 %

The business’s 50-day simple moving average is $12.28 and its 200 day simple moving average is $13.37. The company has a market capitalization of $5.44 billion, a P/E ratio of 15.45 and a beta of 1.47.

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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