MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Shares Down 3.6% – Should You Sell?

by · The Markets Daily

Shares of MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) dropped 3.6% during mid-day trading on Friday . The company traded as low as $7.94 and last traded at $7.94. Approximately 10,167 shares traded hands during mid-day trading, a decline of 0% from the average daily volume of 10,191 shares. The stock had previously closed at $8.24.

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

The firm has a fifty day moving average of $8.41 and a 200 day moving average of $10.42.

About MicroSectors Gold -3x Inverse Leveraged ETN

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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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