MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $15.41 and traded as low as $13.56. MicroSectors Gold 3x Leveraged ETN shares last traded at $13.72, with a volume of 440,789 shares.
MicroSectors Gold 3x Leveraged ETN Stock Performance
The stock’s fifty day moving average is $15.41 and its two-hundred day moving average is $14.80.
About MicroSectors Gold 3x Leveraged ETN
The MicroSectors Gold 3X Leveraged ETNs (SHNY) 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 leveraged exposure to the spot price of gold by tracking GLD, an ETF that physically holds gold bars. SHNY was launched on Feb 24, 2023 and is issued by REX Microsectors.
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