DB Gold Double Short ETN (NYSEARCA:DZZ) Short Interest Update

DB Gold Double Short ETN (NYSEARCA:DZZ) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 5,459 shares, a decline of 39.5% from the June 30th total of 9,016 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 2,954 shares, the short-interest ratio is currently 1.8 days.

DB Gold Double Short ETN Trading Down 0.5%

Shares of DZZ traded down $0.01 on Friday, reaching $1.90. The company’s stock had a trading volume of 2,906 shares, compared to its average volume of 20,515. DB Gold Double Short ETN has a twelve month low of $1.48 and a twelve month high of $12.50. The firm has a fifty day moving average of $1.95 and a 200-day moving average of $2.44.

DB Gold Double Short ETN Company Profile

The Deutsche Bank Ag London Gold Double Short Exchange Traded (Nts) (DZZ) is an exchange-traded fund that mostly invests in gold commodities. The fund provides -2x the daily performance of futures contracts relating to gold. The notes index selects contracts based on the shape of the futures curve to minimize contango. DZZ was launched on Feb 27, 2008 and is issued by DB.