MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Stock Price Down 3% – Should You Sell?

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report)’s stock price was down 3% on Friday . The company traded as low as $4.34 and last traded at $4.33. Approximately 232,639 shares traded hands during mid-day trading, an increase of 406% from the average daily volume of 45,945 shares. The stock had previously closed at $4.46.

MicroSectors Gold -3x Inverse Leveraged ETN Price Performance

The stock has a 50 day moving average of $5.28 and a two-hundred day moving average of $6.99.

MicroSectors Gold -3x Inverse Leveraged ETN Company Profile

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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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