MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID) Short Interest Update

by · The Markets Daily

MicroSectors Energy -3X Inverse Leveraged ETN (NYSEARCA:WTID – Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 35,535 shares, a decline of 64.5% from the April 30th total of 99,964 shares. Based on an average trading volume of 199,422 shares, the days-to-cover ratio is presently 0.2 days. Currently, 3.6% of the company’s shares are sold short.

MicroSectors Energy -3X Inverse Leveraged ETN Stock Performance

WTID stock traded down $0.35 on Monday, reaching $4.67. The company’s stock had a trading volume of 87,142 shares, compared to its average volume of 139,676. The firm has a market cap of $4.67 million, a PE ratio of 19.46 and a beta of -0.13. The business has a fifty day simple moving average of $4.76 and a two-hundred day simple moving average of $7.62. MicroSectors Energy -3X Inverse Leveraged ETN has a 12-month low of $3.66 and a 12-month high of $17.37.

About MicroSectors Energy -3X Inverse Leveraged ETN

(Get Free Report)

The MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) 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 inverse price movements of an index of US-listed energy and oil companies, selected and weighted by liquidity. WTID was launched on Feb 17, 2023 and is issued by REX Microsectors.

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