MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Trading Down 4% – What’s Next?

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

MicroSectors Gold -3x Inverse Leveraged ETN Stock Down 3.4 %

The company’s 50 day simple moving average is $6.53 and its two-hundred day simple moving average is $7.80.

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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