MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Short Interest Update

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 6,967 shares, a decline of 39.1% from the August 15th total of 11,441 shares. Approximately 2.6% of the company’s stock are short sold. Based on an average trading volume of 8,235 shares, the days-to-cover ratio is currently 0.8 days.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Down 3.1%

MicroSectors Gold -3x Inverse Leveraged ETN stock traded down $1.85 during mid-day trading on Wednesday, reaching $57.19. 4,399 shares of the company were exchanged, compared to its average volume of 18,894. The business has a fifty day moving average of $62.74 and a 200 day moving average of $58.40. MicroSectors Gold -3x Inverse Leveraged ETN has a 12-month low of $37.18 and a 12-month high of $152.00.

About MicroSectors Gold -3x Inverse Leveraged ETN

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.