Shares of MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report) fell 1.9% during trading on Monday. The company traded as low as $7.74 and last traded at $7.78. 665,426 shares traded hands during trading, a decline of 37% from the average session volume of 1,050,122 shares. The stock had previously closed at $7.93.
MicroSectors Gold 3x Leveraged ETN Stock Down 1.9%
The business’s fifty day moving average is $9.23 and its 200-day moving average is $10.27.
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.
Further Reading
- Five stocks we like better than MicroSectors Gold 3x Leveraged ETN
- Tesla’s Roadster Reveal Hints at 2 Much Bigger Moves
- The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway
- Mr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
Receive News & Ratings for MicroSectors Gold 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
