MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) was down 8.3% during mid-day trading on Thursday . The stock traded as low as $22.88 and last traded at $23.15. Approximately 386,338 shares traded hands during trading, a decline of 2% from the average daily volume of 393,819 shares. The stock had previously closed at $25.25.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance
The firm has a market capitalization of $16.38 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71. The business’s 50 day moving average is $33.81 and its 200-day moving average is $46.17.
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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