MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report)’s stock price shot up 7.9% during mid-day trading on Thursday . The stock traded as high as $10.00 and last traded at $10.08. 302,762 shares traded hands during trading, a decline of 78% from the average session volume of 1,357,014 shares. The stock had previously closed at $9.34.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance
The company has a market cap of $7.50 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71. The firm’s 50 day simple moving average is $12.58 and its 200-day simple moving average is $13.28.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile
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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