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

DB Gold Double Short ETN (NYSEARCA:DZZ – Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 14,651 shares, an increase of 390.7% from the April 30th total of 2,986 shares. Based on an average daily volume of 19,731 shares, the short-interest ratio is presently 0.7 days. Currently, 0.8% of the shares of the stock are short sold.

DB Gold Double Short ETN Price Performance

DZZ traded down $0.02 on Thursday, reaching $2.11. The stock had a trading volume of 23,046 shares, compared to its average volume of 25,756. DB Gold Double Short ETN has a fifty-two week low of $1.48 and a fifty-two week high of $12.50. The firm has a 50-day moving average of $2.46 and a 200-day moving average of $2.97.

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About DB Gold Double Short ETN

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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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