MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Short Interest Update

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL – Get Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 5,281 shares, a decline of 53.5% from the April 30th total of 11,363 shares. Currently, 2.0% of the company’s stock are sold short. Based on an average daily trading volume, of 6,590 shares, the short-interest ratio is presently 0.8 days.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Performance

Shares of DULL stock traded up $2.40 during trading hours on Monday, reaching $57.69. 12,097 shares of the company’s stock were exchanged, compared to its average volume of 25,386. The stock’s 50 day moving average is $53.58 and its 200-day moving average is $62.36. MicroSectors Gold -3x Inverse Leveraged ETN has a fifty-two week low of $37.18 and a fifty-two week high of $210.50.

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About MicroSectors Gold -3x Inverse Leveraged ETN

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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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