MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Hits New 52-Week Low – Time to Sell?

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) reached a new 52-week low on Thursday . The company traded as low as $6.53 and last traded at $6.70, with a volume of 46025 shares. The stock had previously closed at $6.79.

MicroSectors Gold -3x Inverse Leveraged ETN Trading Down 0.1 %

The business has a 50-day simple moving average of $8.10 and a 200-day simple moving average of $8.88.

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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