MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report) shares traded down 4.8% on Tuesday . The stock traded as low as $9.61 and last traded at $9.76. 739,100 shares were traded during mid-day trading, a decline of 33% from the average session volume of 1,099,428 shares. The stock had previously closed at $10.25.
MicroSectors Gold 3x Leveraged ETN Price Performance
The firm’s 50-day moving average price is $12.79 and its two-hundred day moving average price is $14.78.
MicroSectors Gold 3x Leveraged ETN Company Profile
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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