DB Gold Short ETN (NYSEARCA:DGZ – Get Free Report) shares traded down 0.6% on Monday . The stock traded as low as $8.16 and last traded at $8.40. 3,687 shares changed hands during mid-day trading, an increase of 257% from the average session volume of 1,033 shares. The stock had previously closed at $8.45.
DB Gold Short ETN Stock Performance
The firm’s fifty day moving average is $8.70 and its 200 day moving average is $8.95.
About DB Gold Short ETN
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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