MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Shares Gap Down – Here’s Why

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $6.50, but opened at $6.24. MicroSectors Gold -3x Inverse Leveraged ETN shares last traded at $6.22, with a volume of 6,062 shares trading hands.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Down 4.9 %

The company has a 50 day moving average price of $7.81 and a 200 day moving average price of $8.61.

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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