MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Sees Large Volume Increase – Time to Buy?

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) shares saw unusually-strong trading volume on Monday . Approximately 19,303 shares changed hands during trading, an increase of 19% from the previous session’s volume of 16,185 shares.The stock last traded at $6.34 and had previously closed at $6.32.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Performance

The stock’s 50 day moving average price is $7.10 and its 200 day moving average price is $8.12.

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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