DB Gold Double Short ETN (NYSEARCA:DZZ) Shares Shorted: Short Interest Up 130.6% in September

DB Gold Double Short ETN (NYSEARCA:DZZ) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 7,380 shares, a growth of 130.6% from the August 31st total of 3,201 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 2,387 shares, the days-to-cover ratio is presently 3.1 days.

DB Gold Double Short ETN Stock Performance

Shares of DB Gold Double Short ETN stock traded down $0.00 during midday trading on Friday, hitting $1.75. The company had a trading volume of 215 shares, compared to its average volume of 16,733. DB Gold Double Short ETN has a 52-week low of $1.48 and a 52-week high of $12.50. The company has a 50 day moving average of $1.76 and a 200 day moving average of $2.08.

DB Gold Double Short ETN Company Profile

The Deutsche Bank Ag London Gold Double Short Exchange Traded (Nts) (DZZ) is an exchange-traded fund that mostly invests in gold commodities. The fund provides -2x the daily performance of futures contracts relating to gold. The notes index selects contracts based on the shape of the futures curve to minimize contango. DZZ was launched on Feb 27, 2008 and is issued by DB.