MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Hits New 12-Month Low – What’s Next?

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $7.59 and last traded at $7.59, with a volume of 2929 shares trading hands. The stock had previously closed at $7.68.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Performance

The stock’s fifty day simple moving average is $8.90 and its 200-day simple moving average is $10.86.

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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