Short Interest in MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Decreases By 38.5%

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 8,559 shares, a drop of 38.5% from the February 26th total of 13,912 shares. Approximately 85.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 34,721 shares, the short-interest ratio is presently 0.2 days.

MicroSectors Gold -3x Inverse Leveraged ETN Price Performance

Shares of NYSEARCA DULL traded down $6.83 during trading on Friday, hitting $58.39. The company had a trading volume of 10,608 shares, compared to its average volume of 35,427. MicroSectors Gold -3x Inverse Leveraged ETN has a 52 week low of $37.18 and a 52 week high of $299.49. The business’s 50-day moving average is $49.12 and its 200 day moving average is $84.08.

MicroSectors Gold -3x Inverse Leveraged ETN Company Profile

The MicroSectors Gold -3X Inverse Leveraged ETNs (DULL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund is an exchange-traded note that provides 3x daily inverse leveraged exposure to the spot price of gold by tracking GLD, an ETF that physically holds gold bars. DULL was launched on Feb 24, 2023 and is issued by REX Microsectors.