DB Gold Short ETN (NYSEARCA:DGZ – Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.31 and traded as high as $8.43. DB Gold Short ETN shares last traded at $8.40, with a volume of 66 shares traded.
DB Gold Short ETN Trading Down 1.9 %
The company’s fifty day moving average price is $8.31 and its 200 day moving average price is $8.65.
About DB Gold Short ETN
The DB Gold Short Exchange Traded Notes (DGZ) is an exchange-traded fund that mostly invests in gold commodities. The fund provides monthly inverse exposure to the performance of gold futures contract. The notes index selects contracts based on the shape of the futures curve to minimize contango. DGZ was launched on Feb 27, 2008 and is issued by DB.
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