MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) shares rose 4.4% on Monday . The company traded as high as $9.04 and last traded at $9.01. Approximately 433,206 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 1,686,799 shares. The stock had previously closed at $8.63.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance
The company has a market capitalization of $6.96 billion, a price-to-earnings ratio of 25.34 and a beta of -2.71. The stock has a 50 day simple moving average of $11.59 and a two-hundred day simple moving average of $12.95.
About MicroSectors Gold Miners -3x Inverse Leveraged ETN
The MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) is an exchange-traded fund that is based on the S-Network MicroSectors Gold Miners index. The fund provides 3x daily inverse leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. GDXD was launched on Dec 7, 2020 and is issued by REX Microsectors.
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