MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Short Interest Update

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 9,616 shares, an increase of 82.1% from the May 14th total of 5,281 shares. Approximately 3.6% of the company’s shares are sold short. Based on an average daily volume of 6,113 shares, the days-to-cover ratio is presently 1.6 days.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Down 8.5%

NYSEARCA DULL traded down $5.76 on Monday, reaching $62.12. The stock had a trading volume of 8,748 shares, compared to its average volume of 24,343. MicroSectors Gold -3x Inverse Leveraged ETN has a 12-month low of $37.18 and a 12-month high of $210.50. The stock has a fifty day moving average price of $54.52 and a two-hundred day moving average price of $60.16.

About MicroSectors Gold -3x Inverse Leveraged ETN

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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.

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