DB Gold Short ETN (NYSEARCA:DGZ – Get Free Report) shares dropped 3.2% during mid-day trading on Tuesday . The stock traded as low as $7.74 and last traded at $7.74. Approximately 703 shares traded hands during trading, a decline of 33% from the average daily volume of 1,051 shares. The stock had previously closed at $8.00.
DB Gold Short ETN Stock Down 3.2 %
The stock has a fifty day moving average of $8.49 and a 200 day moving average of $8.80.
DB Gold Short ETN Company Profile
The DB Gold Short Exchange Traded Notes (DGZ) is an exchange-traded fund that mostly invests in gold commodities. The fund provides monthly inverse exposure to the performance of gold futures contract. The notes index selects contracts based on the shape of the futures curve to minimize contango. DGZ was launched on Feb 27, 2008 and is issued by DB.
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