MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Short Interest Down 39.1% in August

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

MicroSectors Gold -3x Inverse Leveraged ETN Stock Down 1.8%

MicroSectors Gold -3x Inverse Leveraged ETN stock traded down $1.00 during trading hours on Friday, hitting $56.01. 798 shares of the stock traded hands, compared to its average volume of 18,852. The firm’s 50 day moving average price is $62.20 and its 200-day moving average price is $58.66. MicroSectors Gold -3x Inverse Leveraged ETN has a 1 year low of $37.18 and a 1 year high of $149.00.

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.