Picking up more and more chatter about NRGU – MicroSectors U S Big Oil Index 3X Leveraged ETN.
Decided to check up the short interest.
It seems to be climbing steadily and the days to settle is 0.03. 40% of dark pool trading is sold short. If it has more upward movement it could start popping.
Am I wrong? With all this turbulence between Russia shouldn’t this positively affect NRGU? Hoping more or you wizards on this sub can share some more knowledge.
Cheers,
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