MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Trading Down 4% – Time to Sell?

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) shares were down 4% during trading on Thursday . The stock traded as low as $5.49 and last traded at $5.46. Approximately 8,644 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 19,473 shares. The stock had previously closed at $5.68.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Performance

The business has a 50 day moving average of $6.43 and a two-hundred day moving average of $7.75.

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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