Shares of MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report) were down 3.6% during trading on Tuesday . The stock traded as low as $8.35 and last traded at $8.49. 336,916 shares were traded during mid-day trading, a decline of 68% from the average session volume of 1,045,776 shares. The stock had previously closed at $8.81.
MicroSectors Gold 3x Leveraged ETN Trading Up 2.5%
The business has a 50 day simple moving average of $10.71 and a two-hundred day simple moving average of $14.29.
MicroSectors Gold 3x Leveraged ETN Company Profile
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.
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