MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Short Interest Down 14.5% in March

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 7,321 shares, a decline of 14.5% from the March 15th total of 8,559 shares. Currently, 2.7% of the shares of the company are sold short. Based on an average trading volume of 74,936 shares, the short-interest ratio is currently 0.1 days.

MicroSectors Gold -3x Inverse Leveraged ETN Trading Down 4.0%

DULL traded down $1.92 during trading hours on Friday, hitting $46.29. The stock had a trading volume of 10,751 shares, compared to its average volume of 32,654. The company’s fifty day simple moving average is $48.11 and its 200 day simple moving average is $74.34. MicroSectors Gold -3x Inverse Leveraged ETN has a 1 year low of $37.18 and a 1 year high of $231.25.

MicroSectors Gold -3x Inverse Leveraged ETN Company Profile

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.