Short Interest in MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Expands By 322.8%

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 528,635 shares, an increase of 322.8% from the December 15th total of 125,042 shares. Approximately 105.7% of the shares of the stock are short sold. Based on an average daily volume of 355,627 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily volume of 355,627 shares, the days-to-cover ratio is presently 1.5 days. Approximately 105.7% of the shares of the stock are short sold.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Performance

Shares of DULL stock opened at $1.35 on Thursday. MicroSectors Gold -3x Inverse Leveraged ETN has a fifty-two week low of $1.34 and a fifty-two week high of $8.15. The business has a fifty day simple moving average of $1.75 and a 200-day simple moving average of $2.67.

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.