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

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) saw a large increase in short interest in the month of 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 shares of the stock are short sold.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Down 1.9%

DULL traded down $1.40 during trading on Monday, hitting $72.48. 1,574 shares of the stock traded hands, compared to its average volume of 21,937. The business has a 50 day moving average price of $67.47 and a 200 day moving average price of $57.35. MicroSectors Gold -3x Inverse Leveraged ETN has a twelve month low of $37.18 and a twelve month high of $207.50.

About MicroSectors Gold -3x Inverse Leveraged ETN

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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.

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