MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Sees Large Volume Increase – Here’s Why

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 5,562 shares traded hands during mid-day trading, a decline of 34% from the previous session’s volume of 8,480 shares.The stock last traded at $8.17 and had previously closed at $8.28.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Down 3.1 %

The firm has a 50 day moving average price of $9.32 and a 200-day moving average price of $11.15.

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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