Replies to post #18305 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[researcher59]

DGAZ is acting like a total dog .... down 20% today compared to up 13% for UGAZ. Ideally they should mirror each other for a single day, but DGAZ is underperforming.

[researcher59]

DGAZ closing fair value (NAV) is published each day by Credit Suisse as the "closing indicative value" -

on Friday it was $3.55 and the ETN closed at $3.34, so a 6% discount ....

They'll publish today's value later this evening - let's see what the latest discount is -

https://www.velocityshares.com/etns/product/dgaz/