MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Up 7.9% – Here’s What Happened

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price was up 7.9% during trading on Thursday . The stock traded as high as $10.00 and last traded at $10.08. Approximately 302,762 shares changed hands during trading, a decline of 78% from the average daily volume of 1,357,014 shares. The stock had previously closed at $9.34.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Down 1.3 %

The stock has a market capitalization of $7.44 billion, a P/E ratio of 62.23 and a beta of -2.71. The business’s fifty day simple moving average is $12.32 and its two-hundred day simple moving average is $13.21.

About MicroSectors Gold Miners -3x Inverse Leveraged ETN

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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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