About UBS ETRACS - ProShares Daily 3x Long Crude ETN (WTIU)

The UBS ETRACS - ProShares Daily 3x Long Crude ETN (ticker: WTIU) is an exchange-traded note that seeks to provide investors with a leveraged exposure to the daily performance of West Texas Intermediate (WTI) crude oil. This ETN is designed to deliver three times the daily return of an index that reflects the performance of front-month WTI crude oil futures contracts. WTIU is an attractive option for investors looking to amplify their exposure to crude oil without the need for a futures trading account or the complexities that come with trading futures contracts.

As of the latest available data, the price of WTIU is $15.82. Over the past year, the ETF has traded in a range of $8.66 to $29.91. With a market capitalization of approximately $75.23 million, WTIU has a relatively small market presence compared to other ETFs. The ETF's trading volume is also relatively low, indicating that it may not be as actively traded as some other popular ETFs in the market. However, this may present an opportunity for investors looking to capitalize on short-term price movements or take advantage of potential market inefficiencies.