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MicroSectors Gold 3X Leveraged ETN (SHNY) stock surged +6.64%, trading at $144.71 on AMEX, up from the previous close of $135.70. The stock opened at $143.65, fluctuating between $142.20 and $145.04 in the recent session.
The notes are designed to reflect a 3x leveraged long exposure to the performance of the ETF on a daily basis. The notes are riskier than securities that have intermediate- or long-term investment objectives, and may not be suitable for investors who plan to hold them for a period other than one day or who have a buy and hold strategy.
| Employees | 0 |
| Beta | -0.45 |
| Sales or Revenue | N/A |
| 5Y Sales Change% | N/A |
| Fiscal Year Ends | N/A |
| Sector | Financial Services |
| Industry | Asset Management - Leveraged |