Short Interest in MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Declines By 39.5%

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 125,042 shares, a decrease of 39.5% from the November 30th total of 206,800 shares. Based on an average trading volume of 256,597 shares, the days-to-cover ratio is presently 0.5 days. Currently, 25.0% of the company’s shares are short sold. Currently, 25.0% of the company’s shares are short sold. Based on an average trading volume of 256,597 shares, the days-to-cover ratio is presently 0.5 days.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Performance

NYSEARCA:DULL traded down $0.05 on Friday, hitting $1.47. 229,648 shares of the stock were exchanged, compared to its average volume of 227,466. The stock has a fifty day moving average of $1.89 and a 200-day moving average of $2.88. MicroSectors Gold -3x Inverse Leveraged ETN has a fifty-two week low of $1.45 and a fifty-two week high of $8.93.

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.