DB Gold Double Short ETN (NYSEARCA:DZZ) Short Interest Up 71.0% in September

DB Gold Double Short ETN (NYSEARCA:DZZ) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 18,300 shares, a growth of 71.0% from the August 31st total of 10,700 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is currently 3.7 days. Based on an average trading volume of 5,000 shares, the short-interest ratio is currently 3.7 days.

DB Gold Double Short ETN Stock Down 1.0%

Shares of NYSEARCA:DZZ opened at $1.49 on Wednesday. The business’s 50 day moving average price is $1.71 and its 200-day moving average price is $1.78. DB Gold Double Short ETN has a 1 year low of $1.35 and a 1 year high of $2.19.

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.