MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Shares Gap Down – Time to Sell?

MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIUGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $14.12, but opened at $13.10. MicroSectors Energy 3X Leveraged ETN shares last traded at $13.48, with a volume of 23,127 shares changing hands.

MicroSectors Energy 3X Leveraged ETN Stock Performance

The stock’s 50-day moving average price is $15.03 and its 200 day moving average price is $17.91.

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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