VelocityShares 3x Long Gold ETN (UGLD) Sees Large Decline in Short Interest

VelocityShares 3x Long Gold ETN (NASDAQ:UGLD) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 112,433 shares, a decrease of 96.2% from the January 12th total of 2,942,078 shares. Based on an average trading volume of 783,246 shares, the short-interest ratio is presently 0.1 days.

VelocityShares 3x Long Gold ETN (NASDAQ:UGLD) opened at $11.29 on Friday. VelocityShares 3x Long Gold ETN has a one year low of $9.19 and a one year high of $12.72.

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