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

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 6,967 shares, a decrease of 39.1% from the August 15th total of 11,441 shares. Based on an average daily volume of 8,235 shares, the short-interest ratio is presently 0.8 days. Currently, 2.6% of the company’s shares are sold short.

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

DULL stock traded down $1.85 during mid-day trading on Wednesday, reaching $57.19. 4,399 shares of the stock traded hands, compared to its average volume of 18,894. MicroSectors Gold -3x Inverse Leveraged ETN has a one year low of $37.18 and a one year high of $152.00. The business has a 50-day moving average price of $62.74 and a two-hundred day moving average price of $58.40.

About MicroSectors Gold -3x Inverse Leveraged ETN

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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.

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