MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading 12.9% Higher – Here’s Why

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD)’s share price was up 12.9% on Tuesday . The company traded as high as $34.95 and last traded at $35.2380. Approximately 389,563 shares were traded during trading, a decline of 70% from the average daily volume of 1,286,891 shares. The stock had previously closed at $31.21.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 14.2%

The company’s fifty day simple moving average is $38.45 and its 200 day simple moving average is $84.54. The firm has a market capitalization of $891.18 million, a PE ratio of 12.32 and a beta of -2.24.

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.