DB Gold Short ETN (NYSEARCA:DGZ – Get Free Report) shares rose 0.9% during mid-day trading on Friday . The company traded as high as $9.23 and last traded at $9.19. Approximately 1,015 shares traded hands during trading, a decline of 11% from the average daily volume of 1,146 shares. The stock had previously closed at $9.11.
DB Gold Short ETN Price Performance
The business has a 50 day simple moving average of $8.98 and a 200 day simple moving average of $9.38.
About DB Gold Short ETN
The DB Gold Short Exchange Traded Notes (DGZ) is an exchange-traded fund that mostly invests in gold commodities. The fund provides monthly inverse exposure to the performance of gold futures contract. The notes index selects contracts based on the shape of the futures curve to minimize contango. DGZ was launched on Feb 27, 2008 and is issued by DB.
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