Mon Sep 23 18:21:15 UTC 2024: ## MicroSectors Energy 3X Leveraged ETN (WTIU) Surges 4.2% on Monday
**New York, NY** – Shares of MicroSectors Energy 3X Leveraged ETN (WTIU) climbed 4.2% on Monday, closing at $15.28 after reaching a high of $15.36. The stock saw significantly increased trading volume, with 31,541 shares changing hands, a 111% jump from the average daily volume of 14,949 shares.
WTIU, an exchange-traded note issued by REX Microsectors, tracks the Solactive MicroSectors Energy index, which is a collection of US-listed energy and oil companies weighted by liquidity. The fund aims to deliver 3x the daily price movements of this index. It was launched on February 15, 2023.
The surge in WTIU’s price follows a recent trend in the energy sector.
**Disclaimer:** This news article is for informational purposes only and should not be construed as investment advice. Consult with a financial professional before making any investment decisions.
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