MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report) traded down 3.8% during mid-day trading on Tuesday . The stock traded as low as $7.71 and last traded at $7.82. 840,637 shares traded hands during trading, a decline of 15% from the average daily volume of 992,669 shares. The stock had previously closed at $8.13.
MicroSectors Gold 3x Leveraged ETN Stock Down 3.8%
The business’s fifty day simple moving average is $9.34 and its 200 day simple moving average is $13.70.
About MicroSectors Gold 3x Leveraged ETN
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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