MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report)’s share price was down 3.8% during trading on Tuesday . The company traded as low as $7.71 and last traded at $7.82. Approximately 840,637 shares changed hands during mid-day trading, a decline of 15% from the average daily volume of 992,669 shares. The stock had previously closed at $8.13.
MicroSectors Gold 3x Leveraged ETN Trading Down 3.8%
The company has a fifty day moving average price of $9.34 and a 200 day moving average price of $13.70.
MicroSectors Gold 3x Leveraged ETN Company Profile
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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