MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $8.98, but opened at $9.32. MicroSectors Gold 3x Leveraged ETN shares last traded at $9.1440, with a volume of 108,039 shares trading hands.
MicroSectors Gold 3x Leveraged ETN Price Performance
The business’s 50-day moving average price is $9.23 and its 200 day moving average price is $11.70.
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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