MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Short Interest Up 31.2% in July

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 50,000 shares, agrowthof31.2% from the July 15th total of 38,100 shares. Approximately10.0% of the company’s stock are short sold. Based on an average daily volume of 107,800 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 107,800 shares, the days-to-cover ratio is currently 0.5 days. Approximately10.0% of the company’s stock are short sold.

MicroSectors Gold -3x Inverse Leveraged ETN Trading Down 3.1%

Shares of MicroSectors Gold -3x Inverse Leveraged ETN stock opened at $3.78 on Friday. The company has a 50-day simple moving average of $3.88 and a two-hundred day simple moving average of $4.65. MicroSectors Gold -3x Inverse Leveraged ETN has a one year low of $3.55 and a one year high of $10.39.

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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