MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Trading Down 2.9% – Time to Sell?

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report)’s stock price fell 2.9% on Monday . The company traded as low as $56.02 and last traded at $56.02. 872 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 20,179 shares. The stock had previously closed at $57.69.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Performance

The firm’s 50 day simple moving average is $69.67 and its 200 day simple moving average is $57.49.

MicroSectors Gold -3x Inverse Leveraged ETN Company Profile

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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.

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