MicroSectors Gold 3x Leveraged ETN (NYSEARCA:SHNY – Get Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $8.95 and traded as low as $8.03. MicroSectors Gold 3x Leveraged ETN shares last traded at $8.05, with a volume of 607,134 shares.
MicroSectors Gold 3x Leveraged ETN Stock Up 1.6%
The company’s fifty day moving average is $8.95 and its two-hundred day moving average is $13.46.
MicroSectors Gold 3x Leveraged ETN Company Profile
The MicroSectors Gold 3X Leveraged ETNs (SHNY) 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 leveraged exposure to the spot price of gold by tracking GLD, an ETF that physically holds gold bars. SHNY was launched on Feb 24, 2023 and is issued by REX Microsectors.
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