MicroSectors Energy 3X Leveraged ETN (NYSEARCA:WTIU) Sets New 12-Month 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 Monday . The company traded as low as $12.12 and last traded at $12.19, with a volume of 2236 shares changing hands. The stock had previously closed at $12.58.

MicroSectors Energy 3X Leveraged ETN Price Performance

The business has a fifty day simple moving average of $14.55 and a two-hundred day simple moving average of $16.07.

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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