DB Gold Double Short ETN (NYSEARCA:DZZ) Short Interest Update

DB Gold Double Short ETN (NYSEARCA:DZZ – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 7,380 shares, a growth of 130.6% from the August 31st total of 3,201 shares. Based on an average daily volume of 2,387 shares, the short-interest ratio is currently 3.1 days. Currently, 0.4% of the shares of the company are sold short.

DB Gold Double Short ETN Stock Down 1.1%

DB Gold Double Short ETN stock traded down $0.02 during mid-day trading on Monday, reaching $1.73. 92,092 shares of the stock traded hands, compared to its average volume of 17,140. DB Gold Double Short ETN has a 12-month low of $1.48 and a 12-month high of $12.50. The business’s 50-day moving average is $1.76 and its 200-day moving average is $2.08.

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DB Gold Double Short ETN Company Profile

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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.

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