MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Sees Strong Trading Volume – Still a Buy?

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) saw strong trading volume on Wednesday . 16,153 shares were traded during mid-day trading, an increase of 84% from the previous session’s volume of 8,777 shares.The stock last traded at $7.76 and had previously closed at $7.64.

MicroSectors Gold -3x Inverse Leveraged ETN Trading Up 3.5 %

The firm’s fifty day moving average is $9.21 and its 200 day moving average is $11.04.

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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