MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 444,317 shares, a decline of 80.2% from the October 15th total of 2,238,698 shares. Currently, 4.4% of the company’s shares are short sold. Based on an average daily volume of 1,107,804 shares, the short-interest ratio is currently 0.4 days.
MicroSectors Gold 3x Leveraged ETN Stock Up 0.6%
Shares of NYSEARCA:SHNY traded up $0.04 during trading on Friday, reaching $6.75. The stock had a trading volume of 1,079,415 shares, compared to its average volume of 1,094,688. The firm’s 50-day simple moving average is $7.97 and its 200 day simple moving average is $11.60. MicroSectors Gold 3x Leveraged ETN has a one year low of $6.24 and a one year high of $26.98.
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.
See Also
- Five stocks we like better than MicroSectors Gold 3x Leveraged ETN
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Receive News & Ratings for MicroSectors Gold 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
