MicroSectors Gold -3x Inverse Leveraged ETN Stock Set to Reverse Split on Tuesday, February 24th (NYSEARCA:DULL)

Shares of MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) are going to reverse split before the market opens on Tuesday, February 24th. The 1-50 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, February 23rd.

MicroSectors Gold -3x Inverse Leveraged ETN Stock Down 6.7%

MicroSectors Gold -3x Inverse Leveraged ETN stock opened at $0.92 on Monday. MicroSectors Gold -3x Inverse Leveraged ETN has a 1-year low of $0.77 and a 1-year high of $6.85. The firm’s 50 day simple moving average is $1.36 and its 200 day simple moving average is $2.22.

About MicroSectors Gold -3x Inverse Leveraged ETN

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.