DB Gold Short ETN (NYSEARCA:DGZ) Trading Down 0.4%

DB Gold Short ETN (NYSEARCA:DGZGet Free Report)’s share price was down 0.4% during trading on Friday . The stock traded as low as $8.86 and last traded at $8.86. Approximately 513 shares were traded during trading, a decline of 50% from the average daily volume of 1,018 shares. The stock had previously closed at $8.90.

DB Gold Short ETN Stock Performance

The business’s 50-day moving average price is $8.83 and its two-hundred day moving average price is $9.10.

DB Gold Short ETN Company Profile

(Get Free Report)

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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