MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Hits New 1-Year Low – Here’s What Happened

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report)’s share price hit a new 52-week low on Wednesday . The company traded as low as $8.19 and last traded at $8.19, with a volume of 5425 shares trading hands. The stock had previously closed at $8.39.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Performance

The business’s 50 day simple moving average is $9.51 and its two-hundred day simple moving average is $11.24.

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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