MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Shares Gap Down – Should You Sell?

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $9.34, but opened at $8.84. MicroSectors Gold -3x Inverse Leveraged ETN shares last traded at $8.85, with a volume of 3,003 shares.

MicroSectors Gold -3x Inverse Leveraged ETN Price Performance

The stock’s 50-day moving average price is $8.49 and its 200-day moving average price is $10.48.

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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