MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY) Sees Significant Drop in Short Interest

Posted by Trevor Kearing on Aug 13th, 2026

MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 421,421 shares, a decline of 78.3% from the July 15th total of 1,941,926 shares. Approximately 4.2% of the company’s stock are short sold. Based on an average daily volume of 662,970 shares, the days-to-cover ratio is currently 0.6 days.

MicroSectors Gold 3x Leveraged ETN Trading Down 4.5%

NYSEARCA:SHNY traded down $0.45 during midday trading on Thursday, reaching $9.65. 942,449 shares of the stock traded hands, compared to its average volume of 990,201. The business has a 50-day moving average of $8.69 and a two-hundred day moving average of $13.14. MicroSectors Gold 3x Leveraged ETN has a 12-month low of $6.82 and a 12-month high of $26.98.

MicroSectors Gold 3x Leveraged ETN Company Profile

(Get Free Report)

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.