MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Hits New 12-Month Low – Here’s Why

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $6.16 and last traded at $6.18, with a volume of 42335 shares changing hands. The stock had previously closed at $6.50.

MicroSectors Gold -3x Inverse Leveraged ETN Price Performance

The company has a 50-day simple moving average of $7.81 and a 200 day simple moving average of $8.61.

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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