Short Interest in MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY) Grows By 96.2%

Posted by Lauren Steadman on Aug 30th, 2026

MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 826,957 shares, an increase of 96.2% from the July 30th total of 421,421 shares. Based on an average daily volume of 1,031,220 shares, the short-interest ratio is currently 0.8 days. Currently, 8.3% of the shares of the stock are sold short.

MicroSectors Gold 3x Leveraged ETN Trading Down 9.8%

Shares of NYSEARCA:SHNY opened at $10.18 on Friday. The stock has a fifty day moving average of $8.94 and a 200-day moving average of $12.45. MicroSectors Gold 3x Leveraged ETN has a one year low of $7.43 and a one year high of $26.98.

About MicroSectors Gold 3x Leveraged ETN

(Get Free Report)

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.