MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading Up 7.2% – What’s Next?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price shot up 7.2% during mid-day trading on Monday . The stock traded as high as $52.31 and last traded at $52.3660. 150,471 shares changed hands during trading, a decline of 86% from the average daily volume of 1,082,104 shares. The stock had previously closed at $48.83.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 12.32 and a beta of -2.15. The firm has a 50-day moving average price of $43.04 and a two-hundred day moving average price of $44.95.

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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