Short Interest in MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Grows By 151.9%

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 21,561 shares, an increase of 151.9% from the June 30th total of 8,558 shares. Based on an average trading volume of 13,054 shares, the short-interest ratio is currently 1.7 days. Currently, 8.0% of the company’s shares are sold short.

MicroSectors Gold -3x Inverse Leveraged ETN Price Performance

DULL traded down $1.40 during trading on Monday, hitting $72.48. The company’s stock had a trading volume of 1,574 shares, compared to its average volume of 21,937. MicroSectors Gold -3x Inverse Leveraged ETN has a twelve month low of $37.18 and a twelve month high of $207.50. The stock’s fifty day moving average price is $67.47 and its 200-day moving average price is $57.35.

MicroSectors Gold -3x Inverse Leveraged ETN Company Profile

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.