DB Gold Double Short ETN (NYSEARCA:DZZ) Stock Short Interest Report for September

DB Gold Double Short ETN (NYSEARCA:DZZ) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 15,174 shares, a growth of 105.6% from the September 15th total of 7,380 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average trading volume of 10,101 shares, the days-to-cover ratio is presently 1.5 days.

DB Gold Double Short ETN Stock Down 3.4%

NYSEARCA DZZ opened at $1.71 on Wednesday. The firm’s fifty day moving average price is $1.73 and its two-hundred day moving average price is $2.00. DB Gold Double Short ETN has a fifty-two week low of $1.49 and a fifty-two week high of $12.50.

About DB Gold Double Short ETN

The Deutsche Bank Ag London Gold Double Short Exchange Traded (Nts) (DZZ) is an exchange-traded fund that mostly invests in gold commodities. The fund provides -2x the daily performance of futures contracts relating to gold. The notes index selects contracts based on the shape of the futures curve to minimize contango. DZZ was launched on Feb 27, 2008 and is issued by DB.