MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report)’s stock price was down 1.9% during mid-day trading on Monday. The stock traded as low as $7.74 and last traded at $7.78. Approximately 665,426 shares were traded during trading, a decline of 37% from the average session volume of 1,050,122 shares. The stock had previously closed at $7.93.
MicroSectors Gold 3x Leveraged ETN Stock Down 1.9%
The stock has a 50 day moving average price of $9.23 and a 200 day moving average price of $10.27.
About MicroSectors Gold 3x Leveraged ETN
The MicroSectors Gold 3X Leveraged ETNs (SHNY) 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 leveraged exposure to the spot price of gold by tracking GLD, an ETF that physically holds gold bars. SHNY was launched on Feb 24, 2023 and is issued by REX Microsectors.
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