MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Shares Shorted: Short Interest Down 33.6% in October

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 4,595 shares, a decline of 33.6% from the September 30th total of 6,918 shares. Approximately 1.7% of the shares of the company are short sold. Based on an average daily volume of 2,543 shares, the days-to-cover ratio is currently 1.8 days.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Performance

NYSEARCA DULL traded up $1.08 during mid-day trading on Tuesday, reaching $75.28. 339 shares of the stock were exchanged, compared to its average volume of 16,476. The business’s 50 day moving average is $61.40 and its 200-day moving average is $58.35. MicroSectors Gold -3x Inverse Leveraged ETN has a 1 year low of $37.18 and a 1 year high of $113.24.

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.