Short Interest in DB Gold Double Long ETN (NYSEARCA:DGP) Drops By 73.3%

Posted by George Bondi on Sep 12th, 2026

DB Gold Double Long ETN (NYSEARCA:DGP – Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,056 shares, a decrease of 73.3% from the August 15th total of 11,459 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 187,442 shares, the days-to-cover ratio is presently 0.0 days.

Key Stories Impacting DB Gold Double Long ETN

Here are the key news stories impacting DB Gold Double Long ETN this week:

Positive Sentiment: Gold rebounded as a softer U.S. dollar and lower crude-oil prices eased pressure from the previous session’s inflation-driven decline. Gold held support near $4,300, improving the near-term outlook for DGP. Gold price holds $4,300 support as CPI lifts Fed-hike odds – Kitco PM Report
Positive Sentiment: Weak consumer sentiment and sharply higher inflation expectations may support gold’s safe-haven appeal, while analysts argue that a potential Federal Reserve rate hike should not derail gold’s longer-term bullish trend. Gold price holds near high after preliminary Consumer Sentiment falls to 47.8
Positive Sentiment: Technical analysts say gold’s defense of its 200-day exponential moving average keeps a move toward $4,500 possible; a breakout above approximately $4,443 could signal another bullish leg. Gold Price Forecast: Bulls Defend 200-Day EMA After Hot CPI
Neutral Sentiment: DGP’s short interest fell 73.3% in August to only 0.2% of shares outstanding. The reduction suggests limited bearish positioning, but the very low short-interest ratio means short covering is unlikely to be a major catalyst.
Negative Sentiment: Hotter inflation data and rising odds of a Federal Reserve rate hike next week are weighing on gold by supporting interest rates and Treasury yields. Analysts warn that a break below key support could trigger additional fund and CTA selling. The Fed can hike, but it won’t derail gold’s long-term bull market – analysts

DB Gold Double Long ETN Stock Performance

Shares of NYSEARCA DGP traded up $0.79 during mid-day trading on Friday, hitting $156.78. 128,964 shares of the stock were exchanged, compared to its average volume of 153,167. DB Gold Double Long ETN has a twelve month low of $117.07 and a twelve month high of $252.75. The stock’s fifty day simple moving average is $147.99 and its two-hundred day simple moving average is $167.28.

Institutional Trading of DB Gold Double Long ETN

A hedge fund recently bought a new position in DB Gold Double Long ETN stock. Redwood Investment Management LLC purchased a new stake in DB Gold Double Long ETN (NYSEARCA:DGP – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,000 shares of the company’s stock, valued at approximately $201,000. Redwood Investment Management LLC owned about 0.13% of DB Gold Double Long ETN as of its most recent SEC filing.

About DB Gold Double Long ETN

(Get Free Report)

The DB Gold Double Long Exchange Traded Notes (DGP) 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. DGP was launched on Feb 27, 2008 and is issued by DB.