MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report)’s stock price was down 3.8% during mid-day trading on Tuesday . The company traded as low as $7.71 and last traded at $7.82. Approximately 840,637 shares changed hands during trading, a decline of 15% from the average session volume of 992,669 shares. The stock had previously closed at $8.13.
MicroSectors Gold 3x Leveraged ETN Trading Up 5.1%
The company’s fifty day moving average price is $9.26 and its 200 day moving average price is $13.66.
MicroSectors Gold 3x Leveraged ETN Company Profile
The MicroSectors Gold 3X Leveraged ETNs (SHNY) 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 leveraged exposure to the spot price of gold by tracking GLD, an ETF that physically holds gold bars. SHNY was launched on Feb 24, 2023 and is issued by REX Microsectors.
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