MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Short Interest Up 322.8% in December

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 528,635 shares, an increase of 322.8% from the December 15th total of 125,042 shares. Currently, 105.7% of the shares of the company are short sold. Based on an average daily trading volume, of 355,627 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily trading volume, of 355,627 shares, the days-to-cover ratio is currently 1.5 days. Currently, 105.7% of the shares of the company are short sold.

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

Shares of MicroSectors Gold -3x Inverse Leveraged ETN stock traded down $0.03 during trading on Tuesday, hitting $1.37. 166,048 shares of the company were exchanged, compared to its average volume of 294,869. MicroSectors Gold -3x Inverse Leveraged ETN has a fifty-two week low of $1.34 and a fifty-two week high of $8.29. The firm has a 50 day moving average price of $1.78 and a 200 day moving average price of $2.70.

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.