Short Interest in MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Decreases By 14.5%

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 7,321 shares, a decrease of 14.5% from the March 15th total of 8,559 shares. Based on an average trading volume of 74,936 shares, the days-to-cover ratio is presently 0.1 days. Approximately 2.7% of the company’s stock are short sold.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Performance

Shares of NYSEARCA DULL traded down $1.92 during trading on Friday, hitting $46.29. The stock had a trading volume of 10,751 shares, compared to its average volume of 32,654. MicroSectors Gold -3x Inverse Leveraged ETN has a 12 month low of $37.18 and a 12 month high of $231.25. The firm has a fifty day moving average of $48.11 and a two-hundred day moving average of $74.34.

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.