MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Short Interest Update

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) was the recipient of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 13,912 shares, a decline of 97.9% from the February 12th total of 654,214 shares. Currently, 139.1% of the shares of the company are short sold. Based on an average daily volume of 12,125 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 12,125 shares, the short-interest ratio is presently 1.1 days. Currently, 139.1% of the shares of the company are short sold.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Up 2.5%

Shares of NYSEARCA DULL traded up $1.01 during midday trading on Wednesday, reaching $41.13. The company’s stock had a trading volume of 10,039 shares, compared to its average volume of 25,492. The business’s 50 day moving average price is $54.40 and its two-hundred day moving average price is $93.03. MicroSectors Gold -3x Inverse Leveraged ETN has a fifty-two week low of $37.18 and a fifty-two week high of $316.50.

About MicroSectors Gold -3x Inverse Leveraged ETN

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.