DB Gold Double Short ETN (NYSEARCA:DZZ) Short Interest Update

DB Gold Double Short ETN (NYSEARCA:DZZ) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 7,380 shares, an increase of 130.6% from the August 31st total of 3,201 shares. Based on an average daily volume of 2,387 shares, the short-interest ratio is presently 3.1 days. Currently, 0.4% of the company’s stock are short sold.

DB Gold Double Short ETN Stock Down 0.3%

Shares of DB Gold Double Short ETN stock traded down $0.00 on Friday, reaching $1.75. The company’s stock had a trading volume of 215 shares, compared to its average volume of 16,733. DB Gold Double Short ETN has a 52 week low of $1.48 and a 52 week high of $12.50. The firm’s fifty day simple moving average is $1.76 and its two-hundred day simple moving average is $2.08.

About DB Gold Double Short ETN

The Deutsche Bank Ag London Gold Double Short Exchange Traded (Nts) (DZZ) is an exchange-traded fund that mostly invests in gold commodities. The fund provides -2x the daily performance of futures contracts relating to gold. The notes index selects contracts based on the shape of the futures curve to minimize contango. DZZ was launched on Feb 27, 2008 and is issued by DB.